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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Marts costs for a barrel of oil average for 2013.
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Post by hangemhigh4 on Oct 12, 2014 7:42pm

Marts costs for a barrel of oil average for 2013.

Marts costs look to be a total of about $72 per barrel. That includes everything associated with it. Can someone confirm this who is more in the know. Mart would be still far away from the break even zone at this cost. Thanks
Comment by noonknight on Oct 14, 2014 12:39am
https://www.martresources.com/wp-content/uploads/2014/09/Mart-First-Energy-conference-15-16-Sep-2014-vcompr.pdf From the above presentation: Netback after DD&A and discontinued operations are added back 43.20     $43.20 Without this addition we have a netback of  $11.96. Both of the above figures are arrived at with oil at $110.85.bbl.