Fantasy #'s if deal closesbased on 20% production loss 1st quarter mostly out of Jan and Feb production, with new purchase if deal closes but I did not include anglia and Topaz gas production not sure on #'s:
Jan prod 3225 bopd + new prod 2500 = 5725 * 31 days = 177,475 * (105-25=80cf) = $14.19 million cash flow
Feb prod 2871 bopd + new prod 2500 = 5371 * 28 days = 150,388 * (110-25=85cf) = $ 12.78 million cash flow
Mar prod 4400 bopd + new prod 2500 = 6900 * 31 days = 213,900 * (115-25=90cf) = $ 19.25 million cash flow
1st quarter $ 46.22 million cash flow. If this deal closes they will cash flow way over 200 million this year and if oil stays above 110 they will probably best 300 million. What a gift to have knowledge of revenues that the market gives no credit for. They have us priced for much less production IMO. GLTA