A ball park figure for what gas is worth is, I believe, around $5 per mcf. 2mmcf is 2000 mcf so 2mmcf per day would be worth about $10000 per day or $3.65 million per year revenue. That strikes me as extremely good cash flow potential per well, especially given it's not "optimised", so I would have to agree that even 0.5 mmcfd would sound like a pretty good result.
A ball park figure for what gas is worth is, I believe, around...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.34 |
Change
-0.005(0.37%) |
Mkt cap ! $3.056B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.33 | $5.838M | 4.364M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10292 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 67620 | 5 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| BPT (ASX) Chart |