Hi 10mc,
The SCE reports states 47 cents for all the shallow leads totalling 100 mmbbl. Combined Yakal and Tindalo est at 20 mmbbl giving 9.4 cents unrisked. Still bloody good.
I'm keen to hear how quickly they can mobilise the EPT kit. That will mean instant cashflow.
10 mbbl/d * $80/bbl *40% = $320k/d
19 days production = $6m = KIK's 40% share of another shallow well.
32 days production = $10m = KIK's 40% share of Gindara
regards,
opt
Hi 10mc,The SCE reports states 47 cents for all the shallow...
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