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Re: Bob322 post# 5681

Friday, 06/03/2016 1:41:44 AM

Friday, June 03, 2016 1:41:44 AM

Post# of 5825
Bob, I certainly hope so, looks like good old Polvo will do us good in 2Q16. According to Petro we've sold 400k in April @ US$43 and the plan was to sell another cargo @ US$48 in May - with increasing production volume we may have sold ~ a Million barrel by the end of the quarter. You're correct, costs per barrel would be much lower @ 10k/d, according to Petro lifting costs would be between US$26 and US$28 per barrel and total cost @ US$32/bbl!

Looking good!


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