I dont think a 21% decrease from Oyong is a big deal.
According to the annual report, Oyong represents only 4.88bcf and 82,000 brls of CUE's 2P reserves.
Wortel, for comparison is 15.79bcf net to CUE.
In the June qtr, CUE's share of Oyong production was 368brls of condensate + 377,829 mcf of gas . Revenue net to CUE from Oyong was $1.3mil.
You do the math.
For a 21% reduction in Oyong production, I get around 2.5% off total sales revenue for the quarter. I think the production increases at Maari will easily make up for that.
3rd quarter results, page-5
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CUE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $68.47M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $26.71K | 271.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11512 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 142143 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CUE (ASX) Chart |