FUT 0.00% 1.4¢ future corporation australia limited

Its not just HM Brian thats only the start another well is being...

  1. 13,244 Posts.
    Its not just HM Brian thats only the start another well is being planned already. Money will be made on the flow test and a quick tie up to production, but the full development of this field is what will make FUT jump in to a new stratosphere. Look at BP port Hudson field 5 miles away and with 13 wells is producing 26,000 BOPD equivelent. With OIL at $79.10 US thats US 2,056,600 per day or aud 2,200,056 per day. I know there production costs and royalties but even if you halve the figures and futs take of that is 550,000 per day 3.8 mil a week or around 190 mil profit a year. I know it along way off and baby steps first, But sometimes you have to look at the big picture because where you might be happy with a few points you might miss out on a whole lot more.
 
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