Couple of quick points. Jewell was modelled as profitable at $40 per barrel.
Costs to produce would be approx $10 adding taxation royalties etc break even would be somewhere sub $30 US/b
There is likely to be a greater reserve and has been calculated in @TheProfessional reddit post both his and Danpech have significantly worked over the numbers and are as accurate as any descriptions floating about here.
the link to the Jewell well modelled is here
https://www.reddit.com/r/BrooksideEnergy/comments/q4dwp7/updated_jewel_well_modelling/?utm_medium=android_app&utm_source=share
Keep well cheers Paul
Couple of quick points. Jewell was modelled as profitable at $40...
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