RE:RE:RE:RE:EXX - News Excellent !I hope it's at least a total of 250 b/d, otherwise this hype is pointless. GORR is determined by who's involved and royalties is on a sliding scale, and lifting costs I heard were low, but again we don't have that information. All I was stating was your throwing around the term 'net' a lot, and if you have 250/b, you will not have 75 net to Exx. That's all. 75 gross yes possibly, not net.
Urbani wrote: Urbani your not right here. You keep using the word net. There's lots more to the equation, lifting costs, royalties,possible GORR, if it's 250 barrels they will not see 75 net. 75 gross possible
Good to know watch. So where are your numbers than? I used the natural gas credits as you noticed and 250 bod in the first year for 75 bod to EXX and 350 days.
But, I am curious how far I am off then. I mean I have only been running numbers for 23 years now on these juniors, so please let me know what you have. I and the Board would be interested in your toughts.