AED aed oil limited
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Report does say. 390,000 barrels divide by 90 days more or less...

  1. Jesterinoz
    364 Posts.
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    30/04/08
    19:33
    Post #: 3648679

    Report does say. 390,000 barrels divide by 90 days more or less = 4333bpd approx. Which seems right for the 12m profit.

    Minus production costs, they were making roughly about US$37 a barrell based on the US$70 hedging price.
    AED Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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