Production cost for the oil will probably be around 2/3 of the revenue, then theres the other cost like staff and admin for the business. If I were to do an estimate for cashflow:
$44.7m revenue - 2/3 production - $6m staff and admin cost = $8.9m cashflow.
That should help fund more production and exploration.
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-396
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