NZO 7.59% 36.5¢ new zealand oil & gas limited

Hi taylor24. Yes it is a difficulty.Part of the ambiguity is...

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    Hi taylor24. Yes it is a difficulty.

    Part of the ambiguity is created because the data is rounded out to the nearest 100,000 barrel figure.

    So actual total on a given day could be above the . figure or below the . figure by several 10s of thousands barrels

    Eg a figure of 8.3 mbo could really be (say) 8,330,000 bo or it could down around (say) 8,255,000 bo.
    So there could be a whole day and a half production discrepancy in the real figure which is disguised by the rounded figure.

    So we have to be careful not to take the rounded figure too literally for production. I would like to think that the figure given for actual shipped amount would be pretty much on the button but that may be rounded as well.
 
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