EPR 0.00% 0.7¢ essential petroleum resources limited

rig moving to fermat, page-28

  1. 874 Posts.
    Ronstieb

    You are correct - Stockanalysis 30c/MMCFt was NPV basis.

    Also considers east coast gas to be oversupplied in future.

    Bottom line of a Fermat success will be how lomg before field would be developed - it may be cheaper to leave the gas "in the ground" till gas prices improve - assuming the multiple LNG plants mooted in Aust become reality, demand will improve.

 
watchlist Created with Sketch. Add EPR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.