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Re: eom7 post# 4142

Wednesday, 06/01/2011 4:25:36 PM

Wednesday, June 01, 2011 4:25:36 PM

Post# of 12369

This would suggest a $3bn price tag for a resource similar to
Sampaguita with all the infrastructure in place.



this wouldnt make sense to me....if it costs 4.5 billion to invest in the field......why would the whole of the business be worth 3 billion.

In malampayas case theyve recouped their investment in 3 yrs i think it was..and made about a bil a year <i think in revenues> after that......also...if theyve been pumping it out all these years....how do they still have 3tcf left?

anyways....good luck to us all...this is definitly a sticky situation right now