RE: Mako deal is a game changer!!!5 Aug 2025 09:22
Calculations without agenda just facts gives the value to EME for our percentage as between $127.95 and $143.94 MILLION after costs deducted over the 11.5 yr period
Since the gas price is linked to ICP, fluctuations in oil prices affect revenue. Assuming ICP ranges from $60/bbl to $80/bbl and the same $0.12/MMBtu per $1/bbl:
- **ICP = $60/bbl** (Gas price = \( 60 \times 0.12 = \$7.2/MMBtu \)):
- Gross: \( 392,000,000 \times 7.2 = \$2.822 \, \text{billion} \).
- Empyrean’s share (8.5%): \( 2,822,400,000 \times 0.085 = \$239.90 \, \text{million} \).
- After taxes (25%) and costs (20–30%): ~$95.96–107.96 million.
- **ICP = $80/bbl** (Gas price = \( 80 \times 0.12 = \$9.6/MMBtu \)):
- Gross: \( 392,000,000 \times 9.6 = \$3.763 \, \text{billion} \).
- Empyrean’s share (8.5%): \( 3,763,200,000 \times 0.085 = \$319.87 \, \text{million} \).
- After taxes (25%) and costs (20–30%): ~$127.95–143.94 million.
### Summary:
- **Monetary Value to Empyrean Energy**: Approximately **$279.89 million** (before taxes and costs) or **$112.0–125.9 million** after estimated taxes (~25%) and operational costs (~20–30%), at an ICP-linked gas price of $8.4/MMBtu (based on $70/bbl ICP).
- **Total Project Value (Gross)**: **$3.293 billion** in gas sales revenue until January 2037.
- **Total Project Value (Net to Contractors)**: **$2.543 billion** after estimated costs, subject to taxes (e.g., ~$1.720 billion post-tax)