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Meg,using:$3 per Gj for the gas2.2mmcfd = $6,600using $80 per...

  1. LoveCCE
    961 Posts.
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    16/03/10
    11:23
    Post #: 6453781
    Meg,

    using:
    $3 per Gj for the gas
    2.2mmcfd = $6,600

    using $80 per bbls for the oil
    200bbls = $16,000

    so - $22,600 per day

    RRS share = $5,650
    p.a. = $2.062 million

    take 15-25% for productions cost
    add a bit for the Xrate

    nope - not much

    I have always used 1,000bbls/d for a pass mark
    and I need 2,000 bbls/d to get excited

    RRS Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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