moomba-191 nav attributable to bpt, page-2

Richierich
Thats interesting and I love comparisons of assets help by JV partners
The shale piece is now deriisked for BPT in my view even if it's just the SACB JV holdings which in itself will add a fair bit of vaue
On a another positive note I was trying to do my own quick calc of likely oil production out of the CB - I estimate this year will deliver a record revenue to be beaten again by next year primarily out of the lift in western flank oil production
This is an estimate of production once pipelines are operational - and wells bought on line- approx 6 months
Bauer 8 x 1500 bopd = 12000 bopd ( 4800 net to BPt )
Rest of PEL 91 including including condensate from wetgas 1200 net to BPT
pEL 92 production - 4000 net to BPT
pEL 104/111 2000 net to BPt
So we potentially have 12000 bopd from western flank - that is Nealry 4 million per annum or 460 million revenue wih todays oil prices
Then we need to add approx 1000-1500 bopd from Egypt and ofcourse new discoveries and then the gas which is also likely to be at record based on STO estimates
So calendar year 2013 will deliver revenue circa 750-800 million and the 2013-14 FY llikely to see 800-850 million
We will know in a few days how close my estimates are