Any idea on the cost per day of the completion arrangement they have flagged?
Jack up 200k /day, FSO 200k/day, makes around 5-600k/day cost of completion. 15,000bopd at $75/bbl - still over 500k/day (180m/yr) (minus the set up / downtime of around 30m)? still makes them around 150m /yr.
This cashflow forecasting is always left out of these presentations.
right direction, page-4
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