RE: RENAV 58p & Price Growth to £1 plus ?7 Mar 2023 09:02
See BP is spouting his negative crap as usual. Same old, when you question him he can't come back with an answer. Just diverts away
15 wells x 200 bbl a day = 3000 bbls a day - 3000 x 365 days =1,095.000 bbls x $65 a bbl, comes to $71,175,000 - not far off $70 million Master. BP is a clown.
Even if you were more conservative with the number of wells - 6 wells but pumping out 800 bbls which is what the discovery flowed at = 4800 bbls a day x 365 days = 1,752,000 bbls x $65 a bbl = nearly $114 million