Someone asked about how much profit WBE will make when Rex 4 starts pumping oil at 300 bopd and with gas flowing at 1,400 units per day.
I didn't really know then. I have communicated with the company and they said at $85 oil and $4 gas the net backs are $65 for oil and $3.75 for gas.
So oil profit is 300 X $65. = $19,500 per day
Gas profit is 1,400 gj X $3.75 = $5,250 per day
Total profit per day = $24,750 per day.
First month total = $742,500
we'll see what happens
Saltbus
- Forums
- ASX - By Stock
- WBE
- Ann: WBE Completes Hydraulic Fracture Stimulation at Rex-4
Ann: WBE Completes Hydraulic Fracture Stimulation at Rex-4, page-24
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBE (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $2.599M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $710 | 70.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3023541 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3023541 | 0.010 |
5 | 627660 | 0.009 |
6 | 1101172 | 0.008 |
6 | 3442855 | 0.007 |
2 | 333335 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 50000 | 1 |
0.012 | 1871114 | 3 |
0.013 | 128370 | 2 |
0.014 | 444709 | 3 |
0.015 | 66667 | 1 |
Last trade - 12.56pm 19/07/2024 (20 minute delay) ? |
Featured News
WBE (ASX) Chart |