Everything Changes Positive for MAY from now on, page-9

On the $$$ for flow rate question: 3rd quarter results for Tag Oil published Feb 2018 indicate netbacks for the quarter came in at C$43.21 per boe. (A$43.51) Now, that 600 barrels per day oil initial flow rate is in my view a bit misleading as when you read the Tag announcement it actually states it was fluids recovered on well clean up. So may include drill fluids in that figure. The important figure is the stabilized 276 boepd which amounts to 82.6 boepd net to MAY. Thus, 82.6 x 43.51 = A$3594 (rounded) per day netback to MAY. Of course, the oil price is a bit higher at present and so the netback figure is likely increased but the calculation is based on the published figure in TAG's latest quarterly so can be used as a guide. Hope that helps. DYOR.