ECH 0.00% 38.0¢ echelon resources limited

latest production and tapis sales price update, page-4

  1. 9,258 Posts.
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    the facts

    since july 1st 2008 to march 18th 2009 7.3 million barrels have been produced.

    this is 259 days

    7.3 million / 259 = 28,185 barels on average

    we all know the average flow rate is much closer to 20,000 barrels a day now so with 15 weeks to go.

    15*7 = 105 days

    9.6- 7.3 = 2.3 million / 105
    = 21,900 barrels a day

    we therefore need at least 21,900 barrels a day to reach the magic mark of 9.6 million barrels for the year.
 
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