Slabbo, the way I understand the production capacity of the platform is that it is capped at 5,000 bboe/d by safety regulations, which would include gas production.
Read the ann. re converting platform to a manned structure, it quotes something like 4,500 bopd and 5 Mmcfpd of associated gas.
That much gas equates to ~860 bboe, but the price that it fetches is nowhere near a bbl of oil. Current spot price for natural gas is ~US$3.06/mmbtu. There are ~6 times that (mmbtu's) in 1 bboe, so 1 bboe will fetch around $3.06 x 6 = $18.36.
Hope this helps with the calcs.
BYE Price at posting:
31.5¢ Sentiment: Buy Disclosure: Not Held
