AOK 0.00% 0.3¢ australian oil company limited.

81 cents on net SGC share after royalty, page-10

  1. 787 Posts.
    lightbulb Created with Sketch. 364
    $5 AUD per Mmbtu = $5mil AUD per BCF.

    One well has 141 BCF = $705,000,000 AUD

    As you say, the CoS needs to be taken into account.

    $705,000,000 X 0.7 = $493,500,000 AUD

    Working interest 66.67% = $328,967,000 AUD for SGC's ownership of Borba.

    SGC SOI approx 604mil = 54.5 cents per share?

    This is just for Borba based on your comments. If there is anything else I have missed happy to be advised.

    And the producing assets in North America will be bringing revenue from this quarter, which I haven't even touched on.
 
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