SAE 3.45% 14.0¢ salinas energy limited

must be about time for an nsa update, page-5

  1. 13 Posts.
    I'd say we will have a test result issued early - mid next week and a press release saying "MD, Mr. JB commented, "1400++bbls/day will do xxx to revenues etc etc..."

    I reckon you will be close to the mark @ 1400bopd.

    RE PV (earlier comment) If there is a 'paper issue' ie legal, land, JV etc it will take ages to resolve. Everybody will need to get lawyer up and chase up money for nothing - hey it's the Californian way.

    Re Revenues; if oil is at $130/bbl, heavy (10-14 API) will be around $110-112/Bbls) This is based on chevron prices and trucking for the san J Basin.
 
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