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Ann: Sacgasco Closes on Red Earth Oil Production Assets, page-28

  1. knucklehead
    595 Posts.
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    28/03/21
    20:13
    Post #: 52097139
    I found a figure of "around $40 US a barrel production costs" in a Washington post article from July 2020.
    so based on $61 US quoted in the announcement a rough profit guide at these prices is one third or $7 million net a year by your numbers.
    SGC Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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