Whats a fair value to assign to any pre development commercial discovery at Naga Utara, scheduled for appraisal in Q1.
I'm thinking a ballpark figure of $1.00/mcf.
Just trying to get an idea of any upside in CUE's sp if appraisal is successful.
CUE's predrill resource estimate was 80bcf (CUE 40%) and Octaphillip are using 100bcf in their report but haven't detailed their inputs.
Thoughts ?
Whats a fair value to assign to any pre development commercial...
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