So14 Sep 2017 18:35
1590-1670bopd on final completion with Crude at $55 with costs at $23 gives a return of $32 net.
Taking the lower figure of 1590 that's 1590x32 =. $50,880 daily net return.
50,880 x 365 / 12 = $1,547,600 per month
1,547,600 x 3 = $4,642,800 per quarter.
With £6m cash in bank not bad for sub £9m MCAP with nice assets in tow.