BYE 0.00% 13.0¢ byron energy limited

Ann: SM 71 Update - F2 well encounters hydrocarbons, page-11

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  1. 2,949 Posts.
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    Assuming that production is per current guidance (I realise that there is upside potential) then total production will be around 5500 barrels per day from a 3 well development (1500-2000 each from the first two, 1000-1500 from #3 - assuming high side in all cases). Assuming 60 USD per barrel and current exchange rate:

    5500 x 60 x 365 / .77 = 156 million aud revenue gross.

    At a 42.5% NRI that gives 66m AUD revenue net to BYE before costs.

    Don't believe everything you read on the internet.
 
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