SGC
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0.00% 0.5¢ sacgasco limited

Ann: Cadlao Contingent Resources Certified, page-3

  1. Waterboy03
    13 Posts.
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    13/04/22
    12:08
    Post #: 60828359
    At full production, not EWT, SGC only get 72.72% of $9 profit per barrel assuming the price of oil is $100 a barrel.

    Assuming 750bopd for minimum economic recovery, that’s only just shy of $6k per day to SGC or like $1.7m per year in profit…

    Interesting times ahead, I shall continue to hold.
    SGC Price at posting: 2.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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