V,
You have done a lot of hard work.
And as the golfer Gary Player once remarked:
"The harder I work, the luckier I get"
Think your sums are correct.
(It's the same answer I got too..... LOL )
NRI $7090 / day
But that is US dollars, calulated using the prices for the gas and condensate which are in US dollars.
Therefore the return to BUR needs to be converted to AUD
7090 X 1.13 = ~$8000 AUD
Of course this will vary with the exchange rate
Just checked:
Currently 1.16= ~ $8220 AUD
Now, as far as this being "revenue" or "profit"
There has been discussion on this and what it means.
This is the NET return to BUR
I assume NET means what it says, that is, after all the expenses have been taken out.
Therefore, this is the daily PROFIT to BUR.
Cheers
Bendigo
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