Ann: Senex kicks off its12 well unconventional ga, page-21

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    re: Ann: Senex kicks off its12 well unconvent... SXYs margin should be higher than $70. BPT in their latest preso quote $80 net-back. So, expect +$70M profit from oil sales. From memory, I think the flow lines from Growler and Snatcher/Charo should shave $10/barrel in opex and costs drop to $30/barrel. Also, SXY quote Brent crude price in that slide, but I thought Tapis was the relevant price and is a couple of bucks dearer.
 
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