Unable to attend Perth AGM but perhaps someone could raise following:
At what PoO do some of older Zav wells become too costly to maintain.
From August 2014 production data:
Column 1 Column 2 Column 3 Column 4 0 Well Name _ Aug BBO BOD 1 Harstad 1-15H 490.0 15.8 2 LEONARD 1-23H 1352.0 43.6 3 GENE 1-22H 1735.0 56.0 4 RODNEY 1-14H 1400.0 45.2 5 GARY 1-24H 2061.0 66.5 6 EARL 1-13H 3118.0 100.6 7 EVERETT 1-15H 967.0 31.2
What is break even production at current PoO? I know SSN has some hedging protection but would appreciate some clarification/prediction/modelling on hedging + PoO mix impact on SSN bottom line?
OR more bluntly, when will revenues from production actually cover SSN expenses?
Maybe then we can address any mgment bonuses.
Good luck
MS
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