daytrade diaries... november 17 part 2, page-15

Aksier,

From your opening post this morning re BCC.......

"News Due: Confirmation of production ramp up at Pompano well to 6-7 mmcf/day."

This is taken from their AGM presentation yesterday.

Pompano gas volumes increasing
- currently - 6.0 - 6.5 mmcfd (gross) - aiming at 8-10 mmcfd
• Company profitable from current Pompano field production alone @ $5.00 mcf gas

Production & Cash Flow

Current production (2 wells) ~6.5 MMCF of gas per day
Aiming production (2 Wells) ~9.0 MMCF of gas per day
Net cash#ow @ US$5.00 gas ~A$310,000 per month (6.5 MMCFD)
~A$430,000 per month (9.0 MMCFD)

cheers
Ange