They habe already increase rates. For example the Alberta Plains asset was purchased with a product rate of 100 BOPD as of the last announcement this operation was at 607 BOPD (61 net XST) a 600% increase. Red earth has stayed constant at 1000 BOP (250 net XST).
The netback is highly variable depending on worlkovers ect but looking at Highwood docs $20aud per BOE is not out of the question. The had netbacks ranging from $18usd to $27usd depending on oil proce and other costs.
They habe already increase rates. For example the Alberta Plains...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $5.787M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $1.8K | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 270000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 265170 | 2 |
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| Last trade - 10.23am 02/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
-0.001 ( 5.56 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 10000 | ||
| Last updated 10.47am 02/05/2024 ? | |||||
| XST (ASX) Chart |