FUT 0.00% 1.4¢ future corporation australia limited

Just looking for info about wells near Atchoa prospect what type...

  1. 13,244 Posts.
    Just looking for info about wells near Atchoa prospect what type of profit. Found a similar pay zone gas prices On the henry hub where $1.00 us more $6.10 when this was released prices on HH $5.10. but you can see what type of company changing event this could be.
    Release from near by prospect.
    Production and Revenue:
    - 10 MMcfd gas and 280 bbl oil condensate maintained
    - Monthly revenue continues to exceed $4 million
    - Reserves report due soon.

    Take away 10% due to price differences 3.6 mil a month
    or 1.8 mill Fut share or revenue of 20 mil+ per year.

    Not bad for a first project with plenty more to come.
    Even if half is deducted in costs. You give Fut 10mil profit PE of 6 and sp is 2.1 cents quite a big jump from where it is now.



 
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