Have you checked those figures?
Just having a stab in the dark, I'd be very surprised if OEL were drawing 1312 bbls/d 365 days a yr!
A quick look...
1312 bbls X $55.30 ($100 less $21 opex less 30% tax)
= $72,553.60/d (not $31,094)
X 365 days = $26.482M/yr.
Also, there is a large difference between net profit and revenue...Boise should know.
NDO's latest preso has Galoc producing an avg of 6,757 bopd from 1 Jan to 30 April.
Have you checked those figures?Just having a stab in the dark,...
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