Impacts impact So with the indirect interest via impact at 6.5%.
2 billion barrels @ 6.5% is 130 million
130 million:
@3 = 390 M or $.83
@4 = 520 M or $1.10
@5 = 650 M or $1.38
@6 = 780 M or 1.65
then take the DRD and taxes so roughly 65% exempt and 25 % tax. Impact will not be producing a single barrel. When they cash out I'd expect a special Divy. I'd say $4 a barrel for that project makes the most sense