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Re: DrillaHill post# 5254

Monday, 06/08/2015 7:08:47 PM

Monday, June 08, 2015 7:08:47 PM

Post# of 5825
"SHELL 2014 Average Production Costs in Brazil US$25.26/boe".

In the Polvo operation PetroRio managed to bring downs costs. It would not come as a surprise if it did the same once it becomes operator of the Shell fields.

Suppose the costs remain the same though at US$25.26, and oil continues to hover around US$65: Bijupirá and Salema will make a huge positive difference in the company's bottom line

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