thisisjamo Well, what are their costs? Interest on loans, wages...

thisisjamo

Well, what are their costs? Interest on loans, wages of people on the platform, their transport costs, motel accommodation (if they are FIFO), 30% of lease costs on FPSO, part of the wages of TAP Australian personnel involved in Manora, part of the cost of leasing West Perth Office but I'm sure there would be a lot more............. Myanmar royalties? Australian Taxation. The the major cost would be amortization of the cost of exploration ( eg seismic and drilling) as well as the amortization of cost of the platform ($270M) over 11 years and demobilization (removing the platform and pipelines, plugging wells etc)

I haven't read this article but you might find it helpful.
Production commences at Manora Oil Development

member.afraccess.com/media?id=CMN://6A699391&filename...

1 day ago - Manora Oil Platform with drilling rig, and FSO in the background .... production and prices, operating costs and results, capital expenditures, ...

Cheers