STX 4.35% 22.0¢ strike energy limited

hi guysas per Strike's Good Oil Presentation..next 12months...

  1. 37,286 Posts.
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    hi guys

    as per Strike's Good Oil Presentation..

    next 12months discoveries worth

    oil >20mmbls

    gas>160bcf

    self funded from cash reserves and ongoing revenue.

    currently about 220mm tradeable shares..

    20mmbls X US$25 =US$500mm (using basically inground value US$25, current oil price US$58bbl)

    160bcf X US$2.50 = US$400mm (using basically inground value US$2.50, current gas price US$7.09)

    US$900mm = AUD$1.185billion Divvy by 220mmshares = AUD$5.39 per share

    REMEMBER I'VE USED INGROUND VALUES..!!!!

    ALSO CALCULATED ON SUCCESSFUL DISCOVERIES

    AS USUAL DYOR

    regards
 
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