I then go to
Of the $1,578,000 Qrtrly cash flow. possibly all of that except $50,000 is due to Condensate sales
Condensate production
Sept Qrtr 27,121 (92 day qrtr) 295 B per day
June qrtr 29,985 (91 Day qrtr) 329 B per day
To estimate cash receipts on a between 30 and 45 days commercial terms I will use 2/3 of the June qrtr production and 1.3 the Sept qrtr
Ergo
$1,528,000 of cash recied for the qrtr account for the supply of 29030 barrels of condensate
or $52.65 per Barrell
And of course yield of Condensate is reducing
Still thinking
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