Member Info for gallder

lol

Given our pipe sizes its not actually possible.

If they are we are all multi -millionaires.

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.6646p
DAILY PRICE per therm £1.6601
DAILY PRODUCTION Kwh 1,776,514
DAILY PRODUCTION Therms 60,617

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.6646p = £95,776

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 95,776 - 30,028 = £65,748

GAS SALES PAYMENT BY SHELL TO ANGUS
5.6646p X 1,776,514 Kwh = £100,632

100,632 - 65,748 = £34,884 PROFIT

JANUARY TOTAL SO FAR £461,312 PROFIT

1)SAP used instead of NBP.
2)Condensate revs cover opex.

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.4858p
DAILY PRICE per therm £1.6077
DAILY PRODUCTION Kwh 1,837,778
DAILY PRODUCTION Therms 62,708

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.4858p = £92,753

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 92,753 - 30,028 = £62,725

GAS SALES PAYMENT BY SHELL TO ANGUS
5.4858p X 1,837,778 Kwh = £100,817

100,817 - 62,725 = £38,092 PROFIT

JANUARY TOTAL SO FAR £426,428 PROFIT

1)SAP used instead of NBP.
2)Condensate revs cover opex.

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.6208p
DAILY PRICE per therm £1.6473
DAILY PRODUCTION Kwh 1,808,889
DAILY PRODUCTION Therms 61,722

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.6208p = £95,036

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 95,036 - 30,028 = £65,008

GAS SALES PAYMENT BY SHELL TO ANGUS
5.6208p X 1,808,889 Kwh = £101,674

101,674 - 65,008 = £36,666 PROFIT

JANUARY TOTAL SO FAR £388,336 PROFIT

1)SAP used instead of NBP.
2)Condensate revs cover opex.

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.8128p
DAILY PRICE per therm £1.7036
DAILY PRODUCTION Kwh 1,922,222
DAILY PRODUCTION Therms 65,589

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.8128p = £98,282

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 98,282 - 30,028 = £68,254

GAS SALES PAYMENT BY SHELL TO ANGUS
5.8128p X 1,922,222 Kwh = £111,735

111,735 - 68,254 = £43,481 PROFIT

JANUARY TOTAL SO FAR £351,670 PROFIT

1)SAP used instead of NBP.
2)Condensate revs cover opex.

John Henry.
Technically you are correct, however, i have on several of my posts 3/4 months ago put in provisos.
1) S A P price is used, not NBP.
2) Condensate sales of 800 barrels a week (£30k) would cover day to day expenses.

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.8583p
DAILY PRICE per therm £1.7169
DAILY PRODUCTION Kwh 1,913,333
DAILY PRODUCTION Therms 65,286

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.8583p = £99,051

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 99,051 - 30,028 = £69,023

GAS SALES PAYMENT BY SHELL TO ANGUS
5.8583p X 1,913,333 Kwh = £112,089

112,089 - 69,023 = £43,066 PROFIT

JANUARY TOTAL SO FAR £308,189 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.6533p
DAILY PRICE per therm £1.6568
DAILY PRODUCTION Kwh 1,888,889
DAILY PRODUCTION Therms 64,452

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.6533p = £95,585

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 95,585 - 30,028 = £65,557

GAS SALES PAYMENT BY SHELL TO ANGUS
5.6533p X 1,888,889 Kwh = £106785

106,785 - 65,557 = £41,228 PROFIT

JANUARY TOTAL SO FAR £265,123 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.6533p
DAILY PRICE per therm £1.6568
DAILY PRODUCTION Kwh 1,
DAILY PRODUCTION Therms 65,

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.6533p = £95,585

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 95,585 - 30,028 = £65,557

GAS SALES PAYMENT BY SHELL TO ANGUS
5.6533p X 1,888,889 Kwh = £106785

106,785 - 65,557 = £41,228 PROFIT

JANUARY TOTAL SO FAR £265,123 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.1781p
DAILY PRICE per therm £1.5172
DAILY PRODUCTION Kwh 1,913,333
DAILY PRODUCTION Therms 65,286

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.1781p = £87,551

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 87,551 - 30,028 = £57,523

GAS SALES PAYMENT BY SHELL TO ANGUS
5.1781p X 1,913,333 Kwh = £99,074

99,074 - 57,523 = £41,551 PROFIT

JANUARY TOTAL SO FAR £223,895 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.0837p
DAILY PRICE per therm £1.4899
DAILY PRODUCTION Kwh 1,907,778
DAILY PRODUCTION Therms 65,096

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.0837p = £85,954

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 85,954 - 30,028 = £55,926

GAS SALES PAYMENT BY SHELL TO ANGUS
5.0837p X 1,907,778 Kwh = £96,986

96,986 - 55,926 = £41,060 PROFIT

JANUARY TOTAL SO FAR £182,344 PROFIT

Should read
DAILY PRODUCTION THERMS 65,020

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.0746p
DAILY PRICE per therm £1.487
DAILY PRODUCTION Kwh 1,905,556
DAILY PRODUCTION Therms 55,846

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.0746p = £85,801

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 85,801 - 30,028 = £55,773

GAS SALES PAYMENT BY SHELL TO ANGUS
5.0746p X 1,905556 Kwh = £96,699

96,699 - 55,773 = £40,926 PROFIT

JANUARY TOTAL SO FAR £141,304 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.6898p
DAILY PRODUCTION 1,885,555 kwh

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.6898p = £96,202

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 96,202 - 30,028 = £66,174

GAS SALES PAYMENT BY SHELL TO ANGUS
5.6898p X 1,885,556 KWH = £107,284

107,284 - 66,174 = £41,110 PROFIT

JANUARY TOTAL SO FAR £100,378 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.9978p
DAILY PRODUCTION 1,782,222 kwh

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.9978p = £101,410

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 101,410 - 30,028 = £71,382

GAS SALES PAYMENT BY SHELL TO ANGUS
5.9978p X 1,782,222 KWH = £106,894

106,894 - 71,382 = £35,512 PROFIT

JANUARY TOTAL SO FAR £59,268 PROFIT

CURRENT PRODUCTION PERIOD 01/10/22 - 31/03/23
10,500,000 THERMS, FIXED PRICE 52.05p per THERM.
10,500,000 THERMS/182 DAYS = 57,692 THERMS per DAY.
57,692 THERMS = 1,690,785 KWH.
52.05p THERM = 1.7760p PER KWH

DAILY PRICE per KWH 5.7764p
DAILY PRODUCTION 1,582,222 kwh

ANGUS PAYMENT TO MERCURIA
1,690,785 KWH X 5.7764p = £97,667

MERCURIA PAYMENT TO ANGUS
1,690,785 KWH X 1.7760p = £30,028

LOSS ON COMMODITY SWAP = 97,667 - 30,028 = £67,639

GAS SALES PAYMENT BY SHELL TO ANGUS
5.7764p X 1,582,222 KWH = £91,395

91,395 - 67,639 = £23,756 PROFIT

JANUARY TOTAL SO FAR £23,756 PROFIT

If you add the ntsec and take off costs (to Nov 31st £132,420) to the end of Nov operating loss (£3,096,023) it is £3,228,443.
This would go some way to explaining the £3.3m allowance in the placing.

Should read 52,783,335kwh (1,801,043therms)

JUL kwh for swap 33,328,862 (1,137,221 therms) OUTFLOW £2,610,225 - INFLOW £470,812 = £2,139,413.
AUG kwh for swap 33,328,862 (1,137,221 therms) OUTFLOW £4,293,665 - INFLOW £470,812 = £3,822,853.
SEP kwh for swap 32,253,750 (1,100,543 therms) OUTFLOW £2,953,775 - INFLOW £455,625 = £2,498,150.
OCT kwh for swap 52,414,335 (1,788,452 therms) OUTFLOW £1,969,377 - INFLOW £930,868 = £1,038,509.
NOV kwh for swap 50,723,556 (1,730,760 therms) OUTFLOW £2,216,083 - INFLOW £900,840 = £1,315,243.
DEC kwh for swap 52,414,335 (1,788,452 therms) OUTFLOW £4,960,466 - INFLOW £930,868 = £4,029,598

TOTAL loss on commodity swap so far £14,843,766

GAS SALES
July 0
Aug 0
SEP 35,767,635 kwh (1,220,442 therms) £3,120,791.
OCT 54,455,555 kwh (1,858,101 therms) £2,028,698.
NOV 58,157,775 kwh (1,984,426 therms) £2,571,595.
DEC 52,783,335 kwh (1,801,043) therms) £5,038,043
Total gas sales to 30th Nov inc. £12,759,127
Total operating loss at Saltfleetby to 31st DEC inc. £2,084,639