How can we be expected to take seriously a probability estimate of life being "out there"? Only 10 years ago we discovered how many Earth-like planets are likely in our galaxy (I didn't see this aspect mentioned in the paper...), and they are also calculating a probability of abiogenesis (emergence of life), which, while I'm not an expert, seems highly speculative.
If the assumptions are very speculative, you just end up with very wide probability distributions, which is exactly what the paper argues for.