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
If I was very conservative:15,000 bbl/day40% equity in field$40...
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