AZA anzon australia limited

And now Clarky, with the Basker 6 producing about 13,000 bopd,...

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    And now Clarky, with the Basker 6 producing about 13,000 bopd, it would appear that we may have hit the jackpot.

    At current oil prices the Basker 6 well alone will produce cash to the value of at the very least, 1.3 million dollars US per day. A total of 474.5 million US per year, lol.

    And as 40% of that goes to AZA who owns 40% of the JV, it means that AZA would receive about 190 miilion US per year on the Basker 6 alone, without taking in consideration the other producing wells.

    I know that the figures I quoted above are gross amounts but, it is still a hell of alot of money though.

    These are my thoughts.

    Buddy
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.