JPR jupiter energy limited

oil price effect on jpr share per barrell

  1. 3 Posts.
    Hi all

    New poster here,been an avid reader of all JPR threads and i am a holder of JPR heads.

    With all the market carnage of late resultant from new taxes, euro worries, price of oil dropping etc it is not surprising that JPR has fallen, this doesnt worry me so much.

    My enquiry is regarding JPR's share of each barrel in the event oil price drops substantially.

    The eurozone problems and astonishing euro debt levels have me thinking Oil price may not rebound quickly.

    Whilst JPR have previously advised us of their share in a barrell at a conservative price estimate of $70 per barrell, this estimate may no longer be conservative if we look forward to potentially slumped global demand.

    Can anyone comment on how a fall in the price of oil will affect JPR's takehome share? I particulalrly am interested if the tax component stays the same or is reduced? I was going to email GG but i couldnt find his email.

    thanks
 
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