So we are saying 1,400 Boe per day = $80,000 U.S per day X 365 days = 29 .2 million U.S
......extra wells still to come on line
25 wells x 40 boe x 60% x U.S$55 = $33,000 U.S per day
25 wells x 40 boe x 40% x $24...... = $ 9,600
total....$42,600 per day x 365...... = $ 15.5 million U.S pa extra
now if they improve oil flow over winter or oil price increase .
feel free to tell me if I am wrong the wife does.
happy new year to all
be safe
AOK Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held