SASB $250 million EBITA $608 mil infrastructure in placeThis is even better odds than what Touchstone ($3~) had before drilling.
Independent third party est. for project EBITA =US$250m for first 17 wells cashflow to be reinvested into new wells to continue development • Fully built-out infrastructure with US $608m CAPEX invested to date • Hot area play - recent major multi-TCF in Black Sea gas discovery in adjacent block - largest discovery in Europe in 30 years = upside potential = gas supergiant =