Matrix has a 90% working interest in the Langsa...

Matrix has a 90% working interest in the Langsa fields.
OIL.OIL,OIL
But it is still at the bottom of a big hole ,and they ain't go any money

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Combined output of both wells was 7 000 bopd.
The price of oil used in the calculations was US $20 /barrel.

Oil is at $26 as we speak.

Do the math. Even at US $20/barrel, the daily revenue is $140 000 a day. Per week that amounts to $980 000. Over the whole year a whopping $50 960 000. That is smack on $100 000 000 AUD.