BYE
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1.89% 5.4¢ byron energy limited

Ann: SM 71 Platform Performance, page-6

  1. 6186mark
    1,829 Posts.
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    26/04/18
    10:04
    Post #: 32686885
    Hadn't read it in detail at the time of posting

    What I liked was this:
    * estimated monthly gross operating costs, at this production rate, are currently expected to average approximately USD$250,000/month (USD$125,000 net to Byron)
    * Byron’s net sales revenue is estimated to be USD$125,000 per day at gross daily sales volumes of 4,650 bbls of oil per day and 3,200 mcf of gas per day

    So cost of production is under 3%. Sensational.
    BYE Price at posting: 37.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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