Its not that simple to value it on Gas flow, reserves in sands...

Its not that simple to value it on Gas flow, reserves in sands and program to tap the undeveloped field will be rerated
to sp

But on 20mmcfd + expected condensate, Fut's cut per week would be around $US 400,000 per week after costs.
Or 21mil US per year from 1 well, most companies are usalay in small cap are at PE of 5 so Fut MC would be priced around 100 mil. But the upside is the development of the field and how quick they jump into it. As I have said before on the 1.2 tcf + condensate this field has a value of US 7bil on the proven reserves on the other 2p"s values 22 bil and 45 bil

So on 20mmcfd fair value is 3.2 cents on 30mmcfd 5 cents
+ you then have to add a whole raft of other stuff but for now I will be happy with a gas flow.