CVN 0.00% 19.5¢ carnarvon energy limited

CVN Value and Share Price Catalysts, page-199

  1. Ya
    6,809 Posts.
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    Also pls read the Annual report for Vermillion Energy, who Own & Operate Wandoo Oilfield next doors after acquiring it from Mobil & Wandoo Petr for USD202mil back in 2007.

    They give a step by step break down of the Dollar per barrel realised in Netback for their Australian (and other international assets) per year. Overall referred to as a Netback margin after deducting opex, G&A, PRRT, taxes. Their 10yr Ntbk average for a producing asset is around 52% (ie 48/bbl margin for 97$/bbl avg 10yr POO). Pity none of the ASX entities bother with this sort of clarity in their Annual Statements. Anyways, hope this helps.

 
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