rn1o1 there is a proven recoverable of 1.2 tcf its a very wet gas so add 40mmboc and you get about 7 bil for the life of the project, The tenement has not been fully explored, but this sort of cash flow opens a lot of doors to other projects. Long term with full development of the field, consevatively 7 to 10 cents. Remember BP's Port Hudson 5 miles away the next tenement produces 26,000 bopd equivelent.Not a junior Yes BP one of the worlds biggest O/G players next door, THere are a lot of good posts read back and you will find why many are have a positive outlook on FUT. Or ring the MD Barnaby Warburton ask him about FUT.
FUT Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held