RNS Setting Base for Target 9,000 bopd - $135M p/a!!23 May 2025 06:26
HEADER - and why we moving into 'CASH RICH' Development stage - usually best Entry Opportunity for Investors.
*Note - This is just for Heron Field alone - Gazelle / Gobi can multiply this & PARTNERSHIP will look at complete BLOCK XX Development!
9,000bood x 350 days x $43 Net pay back =c$135.5 M p/a
Apply split on Asset which have been derisked as Producer / All land access / Logistic advantage for PC Blocks 19 & 21 (no Exploration risks etc).
Now maybe look at RENEWABLES which I did not even include in picture but which Mr Buck did say have potential to be 'New Saudi Arabia for Energy (Export)' - look at Arab money looking to jump in $10bn for start 'in duscussions' from Bahrain etc (Saudi, Kuwait, Oman, UAE etc all coming in - and direct contact with Petro Matad JV)
They say 'Follow the Money' - often little investors last to recognize.
*Block XX sale would be base on Full Block Asset Value metrics - not H1 Production figure Lol!