Cairn boss highlights prospect of big payouts to investors in Edinburgh oil firm article, page-36

What I like most from the Cairn Sunday Herald article is that Cairn is generating plenty of cash with their share of output of 17'000 to 20'000 barrels daily. Then I realise what our FAR has lined up!
With a quick back of the envelope calculation based on 13,7%, our share of the 100'000 barrels /d projected production, FAR share of it is 13'700 barrels /day. Using the cost break even figure of US$30 and Oil (WTI) US$71 p/barrel at today's price, this give FAR a projected net revenue of US$41 x 13'700 = US$561'700 per day! or US$17'000'000 a month, or US$205'000'000 a year.
I am hoping that FAR management have a chance to negotiate at a reset of the PE issue to try to bring the start of production earlier. Only 6 months is worth over or US$100'000'000 to FAR! So at the end of the day, it does not matter if it is WPL, Total, CNOOC or whomever, they are all capable to lead this project, but whom can also bring it on earlier? Just think of 15% + 35% = 50%, that to me is a very good starting point to negotiate.
I just can't believe this sort of figures and now it is confirmed by Cairn management and we still have PE, FID and SAMO in the next 7 months! no wonder that there was some buying in the last month as this space is hotting up.