Hey there again HY22.
Thought this might help you.
Bear in mind that he uses 7.6tcf not the new new 12tcf.
He uses $3.56 per 1000 cf
Then add in revenue and profit from the Artemis prospect. Using a gas price of USD$3.56 per 1000 cubic
feet, that comes to USD$27 billion in potential revenue.
With MEO retaining a 20% equity stake in this project, that means, revenues of about USD$5.4 billion. But
even if we look at the Artemis prospect on an enterprise value basis we?re not talking small numbers. With
7.6 trillion cubic feet of recoverable gas, that converts into around 8,000 Petajoules.
In turn, that?s 8 billion Gigajoules (Gj) which at a conservative valuation of USD$0.50 per Gj values the
Artemis prospect at USD$4 billion, or USD$800 million if MEO retains a 20% interest.
Goods luck bud.
Post what you come up with.(So I don't have to do it.lol)
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Hey there again HY22.Thought this might help you.Bear in mind...
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