"I know it probably won't prevent another CR, but don't forget we are selling the J-51 production test oil at US$31 per barrel. Over 90 days, assuming it continues to flow at 750bopd, that is $2m revenue we'll receive over 3months. That might get the next well over the line."
Your figures are about right for REVENUE. But remember their is about $22/bbl opex. So basically everything we earn is going out in expenses. And no hope of that changing for 180days.
As for 750bopd, that is still to be seen. It will be a HUGE buy if stabilized flows over 90days are above 700bopd. But the J50 experience is still with me. ie 750BPD quickly dropped off. Several acid washes later and hovering around 335bopd.
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