JPR 0.00% 2.9¢ jupiter energy limited

Hi,Like the April contract, under this sale arrangement the cost...

  1. 459 Posts.
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    Hi,


    Like the April contract, under this sale arrangement the cost of transportation from the
    field and storage at the facility is borne by Jupiter.

    The sale price of ~$US52/barrel
    adjusted for the budgeted costs of transportation and storage at ~$US6/barrel, equates
    to a net price of ~$US46/barrel.

    The total amount of $US730,000 has been prepaid and all monies received. Oil deliveries
    under this contract commenced on 17 August 2012 and are anticipated to be completed
    by 1 September 2012.

    Share price at lows time to Buy
 
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