jtrain the trucking costs for Ungani are actually very profitable. It's only marginally profitable during the EPT process due to the hiring of expert personnel and equipment to conduct the tests.
"Based on our current operating costs at our Blina and Sundown oilfields we expect that trucking costs will be in the order of $28 per barrel and lifting costs will be in the order of $10 per barrel. These transportation costs will be significantly reduced if we proceed with the construction of an export tank in the north. We expect the oil price we will receive will be close to the price of Brent, which is currently around US$110 a barrel.
Of course all of these costs will be shared 50-50 with Mitsubishi, as will any profits."
