PPP 0.00% 3.7¢ pan pacific petroleum nl

interesting article, page-8

  1. 4,510 Posts.
    "Can I suggest that it wasn't all that long ago I think you were suggesting (when I originally worked on Gross figures only) that US$95 Gross was a waste of time and a more realistic figure was about US$50 by the time costs were taken off. Now US$10 is a bit different from your guess of about US$45 costs."

    Sentia, I never suggested that. Please find the post where I said this and point it out to me. In fact I told that person myself that they were wrong with that number. I have been working on US$15 as cash operating costs from the very beginning.

    Whatever operating costs you want to take are fine by me. The difference is not worth quibbling over.

    Can we focus on what the rest of the article said and discuss that. What about those comments about the increase in reserves coming more from the existing wells. Things are going way better than they expected.
 
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