GREY:LSTMF - Post by User
Comment by
JohnDDon Nov 21, 2013 7:40pm
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Post# 21929562
RE:Guidance
RE:GuidanceItrabs said: "To come up with $620m in cash flow i have to use $41/ boe net back ....
....What am I doing wrong ?"
My understanding is that "operating" netbacks are before overhead costs ( ie: General, Adminstrative & interest costs). I believe they work out to something around $10-12 /boe - but not exactly sure. If you add $11 to your number it comes close to the low $50's, which is in line..
John