If I was very conservative:
15,000 bbl/day
40% equity in field
$40 US/bbl (After costs and Govt take)
$0.9 AUD/USD exchange rate
15,000 X 0.4 X 40 X 1/0.9 x 365 = $97 million AUD in the first year.
50% of NDO market cap from one well in one year.
Comments anyone??
p1000
simple maths
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Last
85.5¢ |
Change
0.005(0.59%) |
Mkt cap ! $194.9M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 85.0¢ | $96.28K | 113.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23000 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 29650 | 1 |
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| Last trade - 15.00pm 11/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |