Here's a little something to warm your little cotton socks!
Oil was around $59/60USD a barrel when our awesome fearless explorers returned with 1800boepd! From those spoils we were to earn $20pb profit after costs.
With the price of oil on the up and up that gives us an increase in profit of 31.85% on our oil assets!
Check out these num nums:
Of the 1800boepd, 1500 were oil with the remainder ga$
So 1500 bazza's X 66.37usd = 99,555 usd per day 2,986,650 per month or 35,839,800 usd per year or $46,238,001.17 aussie per year revenue
That breaks down profit wise to: 1500bopd x 26.37 = $39,555 per day 39,555 x 30days = $1,186,650 per month 1,186,650 x 12 months = $14,239,800 per year USD profit or $18,367,633.22 AUD profit per year
THATS JUST FROM THE CANADIAN OIL
Another 109,200 per year of canadian ga$
And our own first sweet Borba well soon to be connected up to the nearby infastructure to pump an initial further $1.6million green queens into our treasure chest!
Of course none of this fantastic news will brighten up the outlooks of our resident negative Nancy's Dr Philesy, Sheepy or the staffroom FaXmachine. But the rest of you may enjoy the knowlege that those barrels of oil are bringing in a further $4,490,819.42 profit per year already with the increase in oil price..and word on the street is, its got a fair way upward to go yet!
I hereby declare this thread the rainbow fairy unicorn pixie dust relaxation chill out party celebration oil price room. A place for us to come and celebrate as that oil price rises up! I also declare this sacred space to be a safe space free from negative Nancy's, though of course our own negative Nancy's are always welcome because we love and cherish them no matter how mean and nasty they try to be.
Onward and Upward IMHO Mi Amigos!
XST Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
