We will have to agree to disagree. Do you understand that out of the 1400 boe only 60% is oil?
Using your numbers, the breakdown will be more like
1400 x 60% x 80% @$86 = $58K
1400 x 60% x 20%@$55 = $9K
1400 x 40% x $4x6 = $13K
Total = $80 K ............ $57/boe
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