Rockwater 2 conducting sea trials. Obviously engine replacement completed and undergoing sea trials before continuing with hook up to FPSO
PORT TARANAKI SHIPPING MOVEMENTS
Sun 10/06 02:00 ROCKWATER 2 OMS trials OUT sea >> sea XX/NIL BW2 125m 5991 0
Production will commence soon and will be masssive. Prime light sweet TUI crude selling at premium TAPIS prices US$75.52(Todays price)= massive profit EBITA
http://www.upstreamonline.com/market_data/?id=markets_oil
Name of the game is extracting fast and selling into high oil price. Bulk of 28 million will be out in two years selling at prices 2.5 times higher than calculated for this venture to be profitable.$US30 per barrel
Bring it on!
DYOR
Rockwater 2 conducting sea trials. Obviously engine replacement...
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