AOK
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0.00% 0.3¢ australian oil company limited.

Dis your figures are taken from the September Quarterly pricing...

  1. kpkg
    4,149 Posts.
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    30/12/14
    18:12
    Post #: 14519644
    Dis your figures are taken from the September Quarterly pricing but subsequent to that, as announced on the​
    23/10/2014 ,the following and quite timely hedging was put in place....
    "Hedging in place at average price of $86.89 per barrel of oil for 80% of current production through 2016"
    Current production 1400 boe
    x .80 =1120Boe@$86 =$96320
    balance of 280 Boe @$55=$15400
    Tot= $111720/1400boe =$79.80 per barrel
    AOK Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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