COGCC Production data

Takes 30 secs to check this.

Here is the screen shot for the forums review



Again just going back to IOG noting $11/BO Gross Margin for H1-16  (note no gas is sold)

Gross Margin H1 = (1,762+1,652+1,793+1,624+1,719+1,654) * $11 = $112,44

Yes that is the Revenue IOG received that they can spend on salaries, paying interest/principal (if any) and re-invest back into the business.

And these figures are gross production (before royalties ... but this was subtracted in the Gross Margin). It answers a previous question as to whether the 52 bopd was before or after royalty. I believe it s after royalties have been deducted as 1,603/22 = 73 bopd and with 25% royalty that becomes 55 bopd

Your welcome. Those are the facts.