17,554 barrels net to Bass
$66.15 per Barrel
divide $66.15 by 2 for Indonesia's Oil Tax
66.15÷2= $33.075 per barrel
$33.075 now we have to take out the $20 cost for production
$33.075 - $20= $13.075
$13.75 ×17,554 barrel =$229,518
$229,518 profit for the December
take away from this amount all the head office fees and pay,
what are shareholders left with?
is this correct or am I missing something????
Ann: Onshore Indonesian Oil Operations Update - December 2019, page-7
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