AZA anzon australia limited

And now Clarky, with the Basker 6 producing about 13,000 bopd,...

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    And now Clarky, with the Basker 6 producing about 13,000 bopd, it would appear that we may have hit the jackpot.

    At current oil prices the Basker 6 well alone will produce cash to the value of at the very least, 1.3 million dollars US per day. A total of 474.5 million US per year, lol.

    And as 40% of that goes to AZA who owns 40% of the JV, it means that AZA would receive about 190 miilion US per year on the Basker 6 alone, without taking in consideration the other producing wells.

    I know that the figures I quoted above are gross amounts but, it is still a hell of alot of money though.

    These are my thoughts.

    Buddy
 
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