KEY 0.00% 0.1¢ key petroleum limited

whacko da dids..., page-19

  1. 11,701 Posts.
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    If we go off the 6,700 boe.

    6,700 * 20% (KEY percentage) = 1,340 boe
    1,340 boe * $100 (price of oil) = $134,000
    $134,000 * 365 days = $48,910,000 a year
    $48,910,000 /2 (to cover whatever costs we can think of)

    = $24,455,000 per year from one well!

    (don't forget the $14m from options conversions too)

 
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