GREY:STTYF - Post by User
Comment by
elmothefearlesson Oct 18, 2012 5:22pm
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Post# 20500364
RE: RE: RE: RE: Any thoughts on volume
RE: RE: RE: RE: Any thoughts on volume I'd venture to extrapolate that the TER situation will end happily - TER is in talks to be acquired by a public O+G company, who I can only assume, will honor the SND stream. Big win for SND shareholders. The two oil pools are expected to produce ~1,000 BOPD each. 1,000 BOPD x 350 operating days x $75 netback ($90 oil - $15 purchase cost) x 20% interest (25% interest in one, 15% in the other) = ~$10 million cash flow / year
Even if they only produce half that, we are still looking at $5 million cash flow / year for 10+ years from a $15 million investment.