Will have to double check but I think when oil is over $65 USD a barrel we are making $50 per barrel profit. Was in one of the presentations. This doesn;t include admin etc but does include production costs.
We are making good money but remember we are not yet at 800 bopd. Its coming but no premium has been built in to this.
I have said all along when she goes it will go quickly and that day is getting closer.
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Will have to double check but I think when oil is over $65 USD a...
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