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Ann: Appendix 3(Y) C Damiano - 7-Nov-16, page-7

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WhiteNoise

6,650 Posts.

07/11/16

18:19

Post #: 20430032
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Originally posted by gonnfishing ↑

Ok, here's some numbers at $45 and $55 POO

and production share scenarios to XST of 250, 500 and 750 bbls per day
assumption is that 1000bbls per day is starting rate with 250 bbls XST share, then new drilling and production increases from there to gain a 25% share of 500 or 750 bbls per day

As you can see at $55 POO and 500bbls net to XST is close to $10mill PA to XST

Even at $45 POO and 500 bbls to XST is still > $7mill PA

All before tax etc... but after LOE

View attachment 325430

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Nice numbers.

Any idea how much it might cost to work out where to drill those new wells?

Good luck at getting those increases.

What do you think the previous owners and operators have been doing with the field for the last 25 years or so.

XST Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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