Ramping up of Willesden Green
So it looks to me that Willesden Green with its massive 240,000 acres will essentially be split into three development areas.
Each area with have it own 50 Mmcf gas plant and will produce approximately 22,000 boe/day.
So what i guess will happen is they will drill the wells to fill the plant, ahead of the plant construction being done. So once the plants are completed the ramp up of these plants will be quick and they will be full for 25 years.
Currently POU plant is planning to bring on the first plant towards the end of 2025, and they will be a ramp up of 22,000 boe day for 25 years.
Value that at what was paid for pioneer, 82 billion Canadian for 710,000 boe/day of production with 25 years of reserves. Based on the pioneer evaluation for a oily play with 25 years of reserves.
Each one of those plants producing 22,000 boe/day would have a value of 2.5 billion dollars.
The three of them running could be valued at 7.5 billion dollars or about $50 dollars a share for POU just using Willesden green by itself. The rest would be free.
IMHO