RE: RE: RE: RE: RE: newfie50 go build a new plantThe actual cost of production number I am hearing is $23 per barrel plus $9 for admin/debt servicing for a total of $32 per BOE...still very profitable right now. Current production has ramped up to 22k barrels per day giving them enough cash flow to meet the covenants of their debts. From hear, barring a calamity in oil prices again, we should be fine.
Glorieux