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Value of Kingia and High Cliff Reserves

  1. persistentone
    1,491 Posts.
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    25/02/15
    12:53
    Post #: 14815496
    According to the latest press release, "AWE estimates that the Kingia and High Cliff Sandstone intervals in the Waitsia gas field have gross Contingent Resources in the range from 65 billion cubic feet (Bcf) to 1,170 Bcf, with a best
    estimate (2C) of 290 Bcf." Can someone give us a range of values that might be attributed to 100 Bcf of contingent resources, based on other explorer valuations?
    AWE Price at posting: $1.32 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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