"Its very borderline if JPR can progress from here without more funds. NWZ2 is not an issue. But J51 is. Things will get very tight towards the end with money going out and nothing coming in."
I know it probably won't prevent another CR, but don't forget we are selling the J-51 production test oil at US$31 per barrel. Over 90 days, assuming it continues to flow at 750bopd, that is $2m revenue we'll receive over 3months. That might get the next well over the line.
I guess it also shows the potential of JPR if we can get the TPL sorted. 750bopd x 300 production days p/a (?) x US$100 = US$22.5m revenue p/a. From 1 well!
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2 | 92883 | 0.022 |
2 | 500000 | 0.020 |
1 | 3056 | 0.016 |
1 | 56000 | 0.015 |
Price($) | Vol. | No. |
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0.026 | 46514 | 1 |
0.030 | 28604 | 1 |
0.032 | 100000 | 1 |
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