According to the announcement CUE's share of gas is 13.5 BBTU/D. If you use Santos conversion calculator
http://www.santos.com/conversion-calculator.aspx
that comes in at 2.449 KBOE or 2449 BOE.
Add to that 15% of 3,000 barrels per day i.e. 450 barrels per day
Therefore to update my previous calculations on earnings:
Santos stated gas sales at > $5 per MMTU and assume sales of oil at $100 per barrel.
13.5 BBTU/D = 13,500 MMTU/D = 13,500 x 5 = $67,500.
450 x 100 = $45,000
ie total of $112,500 per day
ie $41,062,500 per annum BEFORE production sharing with the Indonesian govt.
Anyone know what that amounts to?
sampang psc
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CUE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $762 | 7.618K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 232237 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 155266 | 4 |
View Market Depth
| Last trade - 15.39pm 28/06/2024 (20 minute delay) ? |
| CUE (ASX) Chart |