RE: if the 2 block 20 wells are sucessful15 Jul 2019 09:47
Heron-1 was upgraded to 25MMbo. If it comes good, then we would see Heron-2,3,4 wells, etc...with 100MMbo just from Heron area.
If Gazelle follows same pattern, then we could be sitting on circa 150MMbo from these 2 areas alone.
At $3 per barrel in ground you get $450m which would be valued at 53p a share if my maths is right.