XST ready to EXPLODE!, page-374

Well from the looks of it what we can tell from todays announcement roughly..

"production in canada is now 474 BOEPD with well over 90% being oil. Lets call it 90% oil for argument snake.

90% x 474 = 426.6 barrels oil

426.6 barrels x $75.15 (current price)

= $32,058.99 usd a day

= $11,701,531.35 usd a year

which is $15,688,184.57 from the oil

Plus the remainder 50 barrels of Gas

Then of course the first Borba well should be hooked up and knocking out a further 5mil usd or 6.7mil AUD

Roughly $22,400,000.00 AUD with what we got so far.

If prices go as predicted and we can get those 5 or 6 look alike targets producing i would say there is plenty to look forward too. Certainly dont look like we will be having cash flow problems.

Lets hope we can get these wells dug, hook up this supply and snatch some more assets up on the cheap!

Naice!