Your numbers are extremely conservative although you have used the current Tapis Rate which I didn;t do in some numbers I did some time back. I did my numbers at $80 aud per barrel but at higher production rates.
The only thing I think (I hope is wrong) is the 300 production days. That is 52 down days. I would think you could bring that down to say 2 weeks.
You have also left out the small but flowing Mirage field as well.
It all adds up to revenues I think of close to 20 mill this year if the tapis rates hold and flows are maintained.
ITC Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held