CE1 0.00% 0.9¢ calima energy limited

Research Report: Calima Energy (ASX:CE1), page-36

  1. 1,579 Posts.
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    slight typo...

    MIN just offered $400m in its "onshore gas takeover action" for NWE in WA

    NWE own 20% of 2 key leases!!!

    MinRes wants to develop the Lockyer Deep project as quickly as possible and has ambitions to have a plant built and producing at a rate of 250 terajoules a day within a few years.

    so $400m for 20% of...250 tj per day = ~30-40k boepd from about 2025

    so very similar scale to ce1 montney 22-50k boepd from about 2025
    plus ce1 has x10 condy and tommy lakes

    if 20% of a big dry gas project =$400m, whats 100% of ce1 big liquids-rich montney worth?


 
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