ETR 0.00% 0.7¢ entyr limited

what could 2000 bopd mean to ctr?

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    At 2000 bopd given the current arrangements that could mean anything from $US14.6 - $US29.2 million profit per annum according to my maths.

    Here are my maths:
    + 365 days x 2K BOPD = 730K BOPY
    + That is, $US14.6 million profit per annum on a conservative profit of $20 per barrel or double for an optimistic 40 profit per barrel

    Given the MC is currently ~17 million that would roughly be a PER of ~1 conservatively or ~0.6 optimistically.

    No wonder the bulls are starting to circle CTR.
 
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