AZZ 0.00% $7.50 antares energy limited

revenue calculations, page-13

  1. 831 Posts.
    Benmoff,

    You are right about the value of the condensate. I rang the company today. So assuming a condensate price of $63 a barrel and a gas price of US$6 per 1000 cubic feet.

    C1

    1700 * 6 * 0.235 = US$2397 per day for the gas, and
    55 * 63 * 0.235 = US$814 per day for condensate.

    C2
    unknown

    H1
    1100 * 6 * 0.75 = US$4950 per day for the gas, and
    65 * 63 * 0.75 = US$3071 per day for condensate.

    S2
    900 * 6 * 0.675 = US$3645 per day for the gas.

    So, that is a total of US$14,877 revenue per day, US$5.4 million or AU$6.8million revenue per year with plenty more to come, I hope.
 
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