Test29 Jun 2023 12:48
MULTIPLIER 66,964
FIXED PRICE £0.7597
MERCURIA PAYMENT TO ANGUS = £50,870
MULTIPLIER 66,964
SPOT PRICE £0.8493
ANGUS PAYMENT TO MERCURIA = £56,874
LOSS on SWAP is £6,004 (made up from a loss on swap 1 £27,336 and a profit on swap 2 £21,332)
-----------------------------------------------------------------------------------------------------------------------------------
DAILY PRODUCTION therms 65,703
SPOT PRICE per THERM £0.8493
GAS SALES PAYMENT BY SHELL TO ANGUS = £55,802
GAS SALES gross profit = £49,798
Month to date GAS SALES PROFIT £1,720,356
less Shell 1.5% and Ntsec 0.386p/therm
1)SAP used instead of NBP
------------------------------------------------------------------------------------------------------------------------------
H1 RESULTS
--------------THERMS---AVE PRICE*---GAS SALES----SWAP profit (loss)---PROFIT
OCT----------1,858,101---1.0716---------1,991,096---------(1,038,509)-------952,587
NOV----------1,984,426---1.2731--------2,526,340----------(1,315,243)----1,211,097
DEC----------1,801,043---2.7515--------4,955,520-----------(4,029,598)------925,922
Q1 22/23----5,643,570---1.6785--------9,472,956----------(6,383,350)----3,089,606
JAN----------1,908,520----1.5572--------2,971,995----------(1,086,115)----1,885,880
FEB----------1,680,025----1.3315--------2,236,879------------(555,291)----1,681,588
MAR----------1,833,369----1.0877-------1,994,119------------(145,247)----1,848,872
Q2 22/23----5,421,914----1.3285--------7,202,993---------(1,786,653)---5,416,340
H1 22/23---11,065,484----1.5070-----16,675,949----------(8,170,003)---8,505,946
£4.175m extra swap payment due in June 23 but don't know if it's for missed payments
in JUL + AUG 22 or from SEP,OCT,NOV 22 which coincidentally add up to £4.268m.