According to Petsec the production and transport costs are 50cents US per mmcf. Everything else is straight to the bottome line. Two things about the report, Ship Shoal interest down 0.5 mmcf a day but West Cameron up 4 mmcf a day. Total net revenue to PSA for five weeks an extraordinary $A8.2 million and yet the sp hardly moved!!! Well guess the reality of this will sink in eventually. Interesting to note that West Cameron production up to 38 mmcf a day so total capacity of the facility is more than the 30 mmcf that you would think from reading PSA reports.
Add to My Watchlist
What is My Watchlist?