Good numbers for Bauna for March Qtr despite the scheduled maintenance in Feb for 11.5 days.
Production: 1.14 mmbbls (rounded off)
Sales: 0.93 mmbbls (2 offtakes in mid Jan & mid-Feb)
POO: USD 55.38/bbl
Revenue: AUD 69.4 mil,
Cash on hand increased from AUD133m to 173mil,
Debt: nil
1 offtake done for 500k bbls on April 1st. should reflect in the June Qtr at better price.
Overall tally since the asset purchase from 7Nov to 31March,for 3 offtakes is,
Production: 1.95 mmbbls
Sales: 1.43 mmbbls
Revenue : AUD 97.2mil
Ann: March 2021 Quarterly Report and Appendix 5B, page-5
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