Peter Strachan from Stock Analysis 30 Aug 2017
"StockAnalysis values a discovery of 5 million barrels to be worth 13.5 cps to Triangle Energy’s (TEG) 30% working interest, 1.3 cps to Whitebark Energy’s (WBE) 15% interest and 0.5 cents per share to Norwest’s (NWE) 25% retained interest."
The 0.5 cents per share is only based on 5m barrels but it could as high as 160m. The 3D will give us the answer.
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