Opex is about $14 so net profit around $40 per barrel.
That is based on the first 3 year average.
The higher the flow the lower the OPEX per barrel.
Flow we don't know yet, could be anywhere between 300 and 1500 bopd.
DOR have 30% of this well.
We expect this well to have a very slow decline rate and provide long term production for at least a decade.
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- Ann: 443 metres Net Oil Pay - Lidsey-X2 Production Well
Opex is about $14 so net profit around $40 per barrel. That is...
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