CVN 0.00% 19.5¢ carnarvon energy limited

Ann: Pavo-1 Oil Discovery, page-62

  1. 397 Posts.
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    You've got that backwards mate. It's $10 USD per barrel to break even.

    Profit will be the sale price minus $10 USD per barrel.

    "“The Pavo-1 success is expected to support a potential low-cost tie-back to the first phase of
    the proposed Dorado development, with Pavo north having an estimated breakeven cost of
    less than US$10 per barrel,"
 
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