OTCPK:MAUXF - Post by User
Comment by
Fernando2010on Sep 05, 2012 8:07pm
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Post# 20322207
RE: cash flow
RE: cash flow Watch 22:
why did you consider Mart´s share in barrels of oil produced and sold (8.450 bopd, or 65% of gross production) based on total production (13.000 bopd), and not based on total number of barrels sold, after deducting losses?
I understand that, with a 65% share, Mart´s total number of barrels sold per day should be 7.605 (65% of barrels sold, after deducting 10% of pipeline losses) and not 8.450 bopd.
Thanks for your effort in putting out these numbers.