RE: EG value20 Sep 2025 09:50
EOG share; $576 Million / £427 million
AI Overview
+2
280 Bcf of natural gas would be worth approximately $576 million USD if based on the March 2025 NYMEX price of $2.40 per MMBtu. To calculate this, you first determine the number of MMBtu in 280 Bcf of natural gas (40,000 MMBtu), then multiply by the price per MMBtu. I
42p / share.
However, some of that 42p share will go to major depending on percentage given.
What could we end up with? By 5th October.
I see a rerate to 4p. And then wait there until drill.
So we could see a strong rerate to 4p after farmout deal.