G'day guys. Anyone care to compare notes?
I havent heard anything to the contary and so believe that ROC has had Blane, Zhao Dong & Beibu online and producing throughout this 2nd Qtr. In my estimates based on the Q1 report then I expect about high 500kBOE production for the quarter? Is that what you are getting?
Unfortunately this higher prod'n will be counteracted by a lower average BRENT price for Q2 (US$103) being down around 10% compared to Q1 (avg US$112.6), so overall revenue will be largely similar to Q1?
Would love someone to tell me otherwise!
Love this company and believe they're destined for great things if they maintain their keel alla the last 2 years. Just wondering if now is the time to re-enter.
very strong , page-32
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