Doing some more sums, or guesstimate, as no hard figures have been released for Palito Blanco, but assuming they do have the 10 BCF of gas as indicated in potential resources, I calculate at the current spot price of $6.96 per 1000 CF equals $69.6 mil EMR's interest is %15 equals $10.44 mil, less recovery and infrastructure costs would probably reduce this %40, bringing emr's cut to about 4 or 5 mil. Not a bad figure if the well reaches stated potential of 10 bcf. this is not including potential condensate. On these figures I say this well is worth at least .14 cps to EMR.
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Last
$3.69 |
Change
-0.070(1.86%) |
Mkt cap ! $2.431B | |||
| Open | High | Low | Value | Volume |
| $3.74 | $3.75 | $3.66 | $5.200M | 1.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 25015 | $3.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.70 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EMR (ASX) Chart |