US$100m is probably a reasonable estimate MrH; maybe it's slightly under. It depends on the size of the 3D and the depth of the well of course. Using depths provided by PCL, Saturn is in 1,000m of water with 3,000m of drilling; so a ~4,000m well. Similar drilling to Graff-1, but in 1,000m less water. I reckon a few thousand sqkm 3D plus the well would be ~US$100-120m. Assuming no problems. If there is a farmin, I would presume that all current JVPs would be carried (i.e. in addition to PCL, they would also carry Namcor and the local partner who would be carried by PCL right now).
Perfect storm, page-163
-
- There are more pages in this discussion • 127 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $138.2M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $125.2K | 7.321M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 19029395 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2086177 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |