XST 0.00% 0.9¢ xstate resources limited

Ann: Xstate Resources Operations Update, page-439

  1. 2,054 Posts.
    lightbulb Created with Sketch. 1145
    No thats untrue reil . The last update stated that the oil production increased and XST's share was at 311 barrels of oils per day. As the director stated $20 profit per barrel and even without the increase in oil price that gives a sum of $186,600.00 per month

    311bopd x $20 profit margin per barrel x 30 days

    = $186,000.00 per month profit...not 50k nearly 4x 50k in fact
 
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