Interestingly Senex last done reserve upgrades as follows:...

Interestingly Senex last done reserve upgrades as follows:
Cooper-Eromanga Basin: 30 June 2017
Surat Basin gas reserves and resources (Western Surat Gas Project): 30 June 2017
Surat Basin gas reserves and resources (Don Juan): 19 July 2014

Project Atlas has 201 PJ of P50 recoverable gas volumes estimated by SRK Consulting Pty Ltd
and importantly has NOT been included in Senex Reserves ..... so as @tt2000 points out the granting of the Petroleum lease is the pre curser for a ..... coming future Reserve upgrade, most likely in June 2018. The market though has started to build this value into the share price, as we seen from Fridays trading.
So my question is ..... what is 201PJ worth to the Balance sheet of Senex in $$$ terms and on a CPS basis .... anyone. ???

AVERAGE reserve markers for 2P in the Cooper seems to sit around (50c to 80c / GJ)
Using those metrics ..... what's the value to Senex if we use the lower marker of 50c/GJ ??

Remembering Senex back in Sept 2017 jumped from 26c to 34c on the inital news ann about the granting of Project Atlas.