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Fishing at Surfside

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Fishing at Surfside

Re: Minnesinger post# 23839

Monday, 01/22/2007 11:04:46 AM

Monday, January 22, 2007 11:04:46 AM

Post# of 35788
If it is 4500 BBLS/MONTH then
4500 * .75(our share) = 3375/BBLS/MONTH
3375 * $45/bbl = $151,875
$151,875 * 12/MONTHS = $1,822,500/YEAR

I'm not sure what I'm missing. Wouldn't we acutally be getting whatever Platts rate is plus $2.75/bbl?

JMO - Do your own DD.

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