Cmon, I think you haven't included the existing hedges pre last ann which if split over 2016 add additional volume. Some may have lapsed or been realised for March quarter.
This stacks up if we look at the past months actual production. Below are my graphs using the NDGov production numbers and NRI % from the company announcements for NS and Rainbow. For FB I have assumed 75% NRI the difference being allowance for royalty (25%) which is only a guess atm. Also that the wells I included in the other posts are the ones we are talking about and I do not know that that is correct so please do not assume this is evidence based and I have included only for discussion and interest in discussion. The historical numbers for FB are not meant to suggest this relates to SSN but only to give picture of decline moving forward.
I don't know what the costs are and because I don't have a lot of time atm am waiting for further information from anns. As a rough guide we may be able to use Dec qtr as a guide imo. Also please always remember I make this up on my own knowledge and I am not from O&G so some of my assumptions may not be correct.
Cheers & GLTA
- Forums
- ASX - By Stock
- SSN
- The Elephant in the Room
The Elephant in the Room, page-3
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online