Yes your right very hard to put a value on it but going by what Chevron paid its not hard to see there is significant value to be had here.
Its not like our lease is in the middle of no where though, its right in the middle of the majors, the mind boggels at what the share price might do once they annouce the details of the farm in and who it is.
chevron set to take beach gas stake, page-5
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