Parex 2016 estimates 2016 Cash Netback Estimates
We have actively managed our portfolio and assets to remain profitable in a low oil price environment. Defining our cash netbacks as the operating netback less G&A, finance expenses and tax expenses, we forecast our 2016 cash netbacks as follows:
- At Brent $40/bbl - $7/bbl
- At Brent $50/bbl - $15/bbl
- At Brent $60/bbl - $22/bbl "
Just to have an idea about PTA neighbors estimates on 2016 cash netbacks.