here's an interesting recent valuation of undeveloped montney land...
govenment land sales have just completed in Oct and early Nov for 3 sections of montney
the land is near the liquids rich trend, but has no pipes and few wells nearby, and no resource or reserve
nearby pipestone has ~25% lower gas and condy production per well than saguaro/ce1 (9 bcf v pipestone 4-6 bcf)
suggesting a lower resource and price
2 of the land sections went for c$4.2m each, thats a$4.7m each
ce1 has 49 sections, and plus the northern leases 88 sections
49-88 sections x a$4.7m = a$230m-a$415m
- Forums
- ASX - By Stock
- CE1
- Share Price Catalysts
Share Price Catalysts, page-1817
-
- There are more pages in this discussion • 91 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CE1 (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.700M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CE1 (ASX) Chart |
Day chart unavailable