Santos' production costs are extremely high then...were they on a negative income when oil was just $50/bbl??
Read the co. Qtlys...in there they say themselves, oil from Galoc (for OEL) will be produced at a cost of US$9.20/bbl, including debt facility.
Feel free to email the co. if you disagree!
market working out the value today..., page-9
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Mkt cap ! $55.14M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 11 | 11458285 | 1.1¢ |
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| Price($) | Vol. | No. |
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| OEL (ASX) Chart |