https://podcasts.apple.com/au/podcast/why-ukraine-isnt-actually-affecting-petrol-prices-with/id1580677213?i=1000567997007
Correction in podcast from 38 minutes to 39.5 minutes Andrew Purcell said assume 100 m barrels. Assume long term price of oil $US70/barrel. Assume $20/barrel exploration and production costs. Another player Canadian company operating onshore in Cuba (is this Sherritt?) has average cost of exploration and production of $10/barrel. Other operations in the Gulf have $10/barrel average cost of exploration and production.
This equates to $5bn revenue for a company with a current market capitalisation of $250m.
https://podcasts.apple.com/au/podcast/why-ukraine-isnt-actually-a...
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