GBP 0.00% 2.5¢ global petroleum limited

spuds ugandan well target 100 million barrels , page-58

  1. 407 Posts.


    The way this SP is behaving every one is very confident of a duster??

    Can any one tell me what is their share of production in the Leighton wells? I cant tell from their website however I am sure I read some where they produce 170 bopd? If this is the case thats $5,000,000 gross to GBP per annum plus approximately $25,0000,000 in the bank....all this for a MC of $29,000,000.

    I stand to be corrected on the above production figures but if they are correct then I am at a loss to explain the low MC....compared to some other oilers with no production and little or no cash in the bank. I hope this is just flying under the radar....for now!

 
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