This is not new but many will be interested in the figures being used. Sorry i tried to upload all of table 2 but couldn't. It was written in April 2012 and its main parameters are quite interesting and summarised below..
Valuation Parameter Unit P50 Recoverable oil Mn bbls 111 Initial rate Bopd 45,000 Decline % per annum 15% Project life years 17 Development Wells 12 Development CAPEX US$ mn 530 OPEX US$/annum 27 Maintenance per annum % CAPEX 1%
Source: Octa Phillip Securities estimates
JKA Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held