Agreed
He lists all of his assumptions, quotes the sources and the maths are there for all to see.
Anyone who rubbishes a volume based calculation of a fields value using NPV at industry standard rates particularly given the appreciation of Oil has rocks in their head, or their mind is far.c ould they step up and state their calculations?
Recent field sales during the Oil slump and covid invoked reduced demand is not a fair comparison, with Oil out of favour equally debatablely no one knows what the future is. The bottom line is we can't get off Oil anytime soon.
Can the critics please state their assumptions and view of upside and invest some time in opening themselves up to the same critique?, I am guessing, sadly not.
Potential Bambo Well's Objective Values estimated on NPV of Oil Insitu, page-6
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