GREY:CXEYF - Post by User
Post by
mind_businesson Oct 23, 2012 9:16pm
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Post# 20516072
215 barrels per day of condensate production - Rev
215 barrels per day of condensate production - Rev Just looking at some very rough Revenue Calculations from Candax's recent El Bibane announcement:
215 Barrels per day of Condensate = 201.12 BOEPD
Brent Oil Price = $108.25
Revenue = $21,771 per day (Before Royalties, Taxes, Production costs, etc)
or Revenue = $7,946,603 per year (Before Royalties, Taxes, Production costs, etc)
Not too bad. Hopefully this represents some positive momentum for this company.