CE1 0.00% 0.9¢ calima energy limited

always good to look at peers valuation by market and in...

  1. 1,578 Posts.
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    always good to look at peers valuation by market and in transactions

    interesting recent valuation from Saturn acquisition of Viking assets at 4kboepd

    Saturn paid c$260m = a$290m for the following

    a$290m is ~50c Calima

    Calima has more and increasing production and cashflow, more reserves, plus montney
    (nb cash flow is calculated on forward strip)

    Calima will be 6kboepd, which on $65k per boe/d = c$390m = a$430m = 70c Ce1

    right in ballpark of broker valuations for blackspur alone
    https://hotcopper.com.au/data/attachments/4397/4397401-aeef8d2940c6dab439723e5d1bf61462.jpg
 
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