RE:RE:RE:RE:Value csculations?What you have here is a potential ~600m boe if they strike oil in all their mastrichian inventory and meet their estimates which they miss both in kawa and wei.
Appraisals by cgx and fec are exploratory targets and not appraisals!
They admit the deeper targets are non commercial.
The cost of wells are making this block less attractive when the all point of it being shallower was to attract investors with its cheap exploration and development costs.
Lets say they dillute you to death and explore all north corentyne and meet their expectations, can you show me one project in the basin that moved to development with less then 1 billion boe recoverable?