Quick PerspectiveThe price of oil on March 31, 2012, was $124.48 (U.S.) per barrel, but the price at which the under-lift oil was realized was at the price of the June, 2012, liftings, which averaged $96.94 (U.S.) per barrel. This issue, related to the timing of payment for the first quarter of 2012 under lift and the significant decrease in price between March 31, 2012, and the liftings in June, 2012, had the effect of reducing Mart's stated net income in the second quarter of 2012 by approximately $10.3-million (U.S.).
https://screencast.com/t/QkyGCAgNYqX
Maybe oil price if it stays relatively as per the chart we receive about $18 /barrel more than last quarter on the oil assigned to MMT. (as per chart link above). plus even though theft was 13.5% ..thats about 7% lower. I THINK possibly this last quarter was maybe 4 to 5 cents profit. Hmm not many more quarters to scheduled use of new pipeline if all is executed on schedule :)
MM