Also pls read the Annual report for Vermillion Energy, who Own & Operate Wandoo Oilfield next doors after acquiring it from Mobil & Wandoo Petr for USD202mil back in 2007.
They give a step by step break down of the Dollar per barrel realised in Netback for their Australian (and other international assets) per year. Overall referred to as a Netback margin after deducting opex, G&A, PRRT, taxes. Their 10yr Ntbk average for a producing asset is around 52% (ie 48/bbl margin for 97$/bbl avg 10yr POO). Pity none of the ASX entities bother with this sort of clarity in their Annual Statements. Anyways, hope this helps.
Also pls read the Annual report for Vermillion Energy, who Own &...
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