what value jumonville or bullseye

What value is Jumonville#1 going to be to NEO if it proves commercial ?????
There has been some speculation over on GGP about possible implications of value to GGP share price.

We know that Mark Freeman indicated way before Jumonville got into the critical layers that if Jumonville proved up the estimate of 12.5 Mbo and 33 bcf gas thenit would provide a valuation of 12 cents per share to NEO (or words to that effect)

Now not too sure what figures Mark worked that out on but some calculations I have been doing follow -(and I could have things badly wrong here - so please check this carefully and please point out any eeror on my part.)

Now using the the method that sandybeachs uses on the GGP site then we get this possible scenario.

Scenario 1 : If there is 16 mboe and NEO gains 5 % the Neo's share will be 0.8 mmboe. We assume a value of $40 per barrel = $32 million
There are approx. 479 million shares on issue so therefore Jumonville would be worth $0.067 cents per share

Scenario 2 : If there is 25 mboe and NEO gains 5 % the Neo's share will be 1.25 mmboe. We assume a value of $40 per barrel = $50 million
There are approx. 479 million shares on issue so therefore Jumonville would be worth $0.104 cents per share

Scenario 3 :If there is 16 mboe (Camerina + Miogyp) plus 25 mboe (Cib Haz)= Total of 41 mmboe and NEO gains 5 % the Neo's share will be 2.05 mmboe. We assume a value of $40 per barrel = $82 million
There are approx. 479 million shares on issue so therefore Jumonville would be worth $0.17 cents per share.

Now this is very hypothetical and may contain errors but is put foward as a point to be debated and considered. Corrects welcomed.