source:70935581.Sherritt International Corporation has been producing oil in Cuba fordecades, below is a snap shot of the Sherritt production data before their production sharing contracts started expiring, they were selling oil for around $67.64-$72.88/barrel, they had an average operating cost of $12.7-$14.38/barrel in 2014/2013:
source:https://s2.q4cdn.com/343762060/files/doc_financials/Quarterly-report/Q2-2014_Quarterly-Report-FINAL.pdf
Additionally, in the latest webinar the Chief Operating Officer of ASX:MAY Chris Thompson revealed that according to their research Amistad 1B's oil is worth WTI-5% lol.. that is quite valuable indeed.
Chris Thompson: "there are numerous others that are fairly similar in quality, and that is suggesting to us that we are probably a WTI -5% say, approximately, but obviously we will be looking to get the best price possible for that crude in export..." source: Investor Stream Webinar Series: Melbana Energy (ASX:MAY) Investor Webinar Presentation (Dec 20 2023)https://www.youtube.com/watch?v=GlZmSIP5rz4
ASX:MAY 2024 Discussion Thread, page-15
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.0¢ | $90.72K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1456582 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1279469 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |