I agree with bhoys figures after allowing for expenses etc seems realistic to me.Where you get 90% cost to extract it is imo total nonsense.We also have around 15MILL Dollars to play around with before we have any tax to pay,an added bonus
KennyN PV10 is a calculation of the present value of estimated future oil and gas net of forecasted direct expenses and discounted at an annual rate of 10% (ANNUAL)The figure ZPHR gives could be conservative but dyor
Where do you get those figures from ,the well will be producing 1000bpd with potential 2000bpd,work the maths out per year 364x60x1000 and that's conservative