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2.04% 4.8¢ central petroleum limited

maguro...We are not going over this again are we?If Surprise...

  1. youwishfood
    279 Posts.
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    23/03/12
    00:11
    Post #: 9881298
    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.


    CTP Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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