Quick and Dirty Math:
- 800 to 950 BOPD (Range of production)
- 24,000 to 28,500 BOPM (Avg. of 30 days per month)
- Assume price of oil $62USD
- $1,488,000 to 1,767,000 USD in sales per month.
- $17.9m to 21.2m USD in sales per year
That is
- $23.2m AUD to 27.6m AUD per year
These numbers with combination of drilling and exploration (which starts soon), as well as the acquisition targets, will cause a significant re-rate in the share price.
Current price is a bargain.
Ann: Bass Optimisation Leads to Significant Production Uplift, page-47
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
