maguro...
We are not going over this again are we?
If Surprise does end up flowing at a sustained 400bpd during the EPT then following calcs will true:-
Tapis current price approx $130/b
Very conservative Production/Transport Cost - $50/b
Profit = $80/b
400x365x80 =$11.7M pa....... That would be commercial with a big margin to spare. Then there is potential for further wells to increase follow rates.
