CND 8.00% 2.7¢ condor energy limited

prospectivity of south gergina basin, page-22

  1. 1,074 Posts.
    Hi Young Trader,

    "Given CTPs huge numbers next door and all around the area can you imagine what BKP would do if they said 30TCF CSG and 400M bls of oil?"

    Yes, Young Trader with so many targets already in existence it would be great to see. With such news BKP might go to atleast 6c given the excitement. Meanwhile if CTP were to discover 650 millions of barrels of oil and 50TCF of gas in ATP912, with BKP nearby, BKP could go to 50c.
    If BKP were to turn your figure into an actual discovery down the track. Whats 75% of 30TCF CSM and 400M bls of oil...22.5TCF CSM and 300m bls of oil, perhaps worth at least $25 billion..I'll let other work out what the share price would be like..However, if we were to take a 20% free carried interest, we would still be talking about $5 billion odd...BKP might even get to $3 a share in the event of major success..Amazing potential...
    Please note that all of this is sheer speculation at this stage, but it does highlight massive upside potential.
    DYOR
 
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