from broker estimates and my understanding of the SRB, too higher production gets chewed up in taxes and taking into account several factors 10000bpd gross is about optimal per licence area - the only way we want 15000 is if the extra is from a different licence area to NSE
FYI, have a read of the link below, scratch your head a bit and try to compare to the actual figures :
Dear Brett,
In response to your query below please find attached a link to a presentation from the Department of Mineral Fuels in Thailand which administers petroleum royalties and taxes.
http://www.dmf.go.th/dmf_proceeding/FiscalRegime_Onanong.pdf
Kind regards,
Philip Huizenga
Chief Operating Officer
Carnarvon Petroleum Ltd
from broker estimates and my understanding of the SRB, too...
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