RE:30% annual production growth!Looks like NVA will be beating their old cash flow projections for 2022 of $25.25 per bfoe as the additional condensate and ngl's should raise the netback to about $30 So cash flow for 2022 will be optimistically 30 X 68 kbpd x 363 = 740 mm $
Take off 310 million for capex we get 430 mm$ fcf (above previous estimates of 315 mm$)
If we figure that the market place gives us a value of $ 60 k per boe added ,then extra production of 8 kbpd is 540 mm $
So for 2022 we are looking at (430 +540) / 227 = $ 4.27 per share returns for 2022.
SO I am expecting very healthy returns this year, no matter if I look at it from an asset value basis as I calculated earlier or on a FCF + growth basis as I have clalculated here . It is hard to get much more precision from me, but the direction is definetly up and at a very quick pace !!