Base case

Scenario 1

Scenario 2

Scenario 3

Oil revenue (USD)

42,260,512.2/USD

361,147,584

361,412,750

364,807,442

Gas revenue (USD)

60,947,730/USD

520,681,410

52,107,732

525,972,660

Total revenue (USD)

103,208,242.2

881,828,994

413,520,482

890,780,102

CapEx (well cost)

40 MUSD

Alkaline cost

-

-

720,000

720,000

Polymer cost

-

4,752,000

-

4,752,000

Surfactant cost

-

-

4,824,000

4,824,000

Opex

0.6M USD

5.6M USD

5M USD

7M USD

Pipeline

2M USD

3M USD

-

-

Total Expenditures

42.6M USD

13,352,000

10,544,000

17,296,000

NPV(USD)

60,608,242.2

868,476,994

402,976,482

873,484,102