88E 0.00% 0.2¢ 88 energy limited

Peer Company Comparison, page-60

  1. 223 Posts.
    I think it should be the other way around, let's start with the cash injection from the conventional of 500 m bol, in ground time at least $10 there's 5 billion next year. Then with that money tap the unconventional over the next 15 to 20 years at full profit because we own it. At a price that starts of as $60 bol times 200 mbol and ending with $100 a barrel in year 20.

    Next year 500mbol × $10 = 5 bil
    Every year after for 20 years
    $60 - $35 = $25 × 200 mbol
    5 billion per year ( years 1 to 10)
    $100 - $35 = $65 × 200mbol
    13 billion per year. (Years 11 to 20)

    Total overall
    5 b + 50 b + 130 b

    All I can say is this sounds real good
 
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