Find it , make it flow25 Aug 2025 14:30
The valuation of a potential 5.9 trillion cubic feet (TCF) gas prospect in Morocco is estimated at $41.3 billion, based on recent analysis. This valuation is associated with the MOU-5 exploration well in the Guercif license, being explored by Predator Oil & Gas.
Valuation estimate for the MOU-5 prospect
The following details provide context for the estimated value:
Analyst: The valuation was derived from an Oak Securities report published in October 2024.
Methodology: The analysis used a Risked Exploration Net Asset Value (RENAV) model, which calculates the value of the potential resource based on several key assumptions.
Gas price: The valuation assumes a long-term flat gas price of $7 per thousand cubic feet (mcf). At this price, the natural gas alone has a gross value of $41.3 billion ($7 x 5.9 billion mcf).