Thanks Rob ... puts NS/R Oil at 40,020 Bbls for June Qtr. You're higher than me now. I forgot to update the gas part so its down now to 91,357 Mcf and overall NS/R of 52,814BOE for June.
On FB, 3xFeb is 53,277 BO
Are those the actual production numbers for all acquired wells. If I sum Oct'15-Feb'16 and add Feb'16 again I get almost 135MBO for that six months. Wasn't SSN supposed to get that revenue less costs as settlement. Looked like they got less than $400K if I remember correctly. They would be net about $2.50/BO. I'm still puzzled by all that.
I like your FB numbers for the existing production. Also with the work SSN is doing this Qtr I've modeled an additional 12,000 BO from workovers. If so, that puts FB up to around the 65MBO mark. I really hope they get over that. as it would be 50% upside to what I have now (based on working backwards from the settlement costs)
Thanks and Regards
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Ann: March 2016 Quarterly Report and Appendix 5B-SSN.AX, page-6
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