Time(Yrs)

0

1

2

3

4

5

6

7

8

9

10

NPV

Gp(BSCF)

0

14.4

28.8

43.2

57.6

72

86.4

100.8

115.2

128.2

129.4

Np(MMSTB)

0

0.253

0.49

0.67

0.80

0.89

0.940

0.957

0.958

0.96

0.958

CAPEX($MM)

−35.5

0

0

0

0

0

0

0

0

0

0

OPEX($MM)

0

3.0

3.0

3.0

3.0

3.0

3.0

3.0

3.0

3.0

3.0

Gross Rev($MM)

0

36.4

72

106

139

171

201

230

259

285

287

NCR($MM) b/4 Royalty and Tax

−35.5

33.4

69

103

136

168

198

227

256

282

284

Royalty + Tax ($MM) 48.5% of NCR

0

16

33.5

50

66

81.5

96

110.1

124.2

136.8

137.7

NCR ($MM) after Royalty and Tax

0

17

35.5

53

70

86.5

102

116.9

131.8

145.2

146.3

CUM. NCR ($MM)

−35.5

−18.3

17

70

140

226.5

328.5

445.4

577.2

722.4

865.7

PV @10%

−35.5

15.5

29.4

39.9

47.8

53.7

57.6

60

61.5

61.6

56.4

445.8

PV @ 30%

−35.5

13.1

21

24.1

24.5

23.3

21.1

18.6

16.2

13.7

10.6

150.8

PV @ 50%

−35.5

11.3

15.8

15.7

13.8

11.4

9

6.9

5.2

3.8

2.5

59.9

PV @ 80%

−35.5

9.4

11

9.1

6.7

4.6

3

1.9

1.2

0.7

0.4

12.5

PV @ 100%

−35.5

8.5

8.88

6.6

4

2.7

1.59

0.9

0.5

0.29

0.1

−1.3

PV @ 150%

−35.5

6.8

5.7

3.4

1.79

0.88

0.4

0.19

0.09

0.04

0.01

−16.2