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Re: cynic2005 post# 31962

Thursday, 04/26/2007 3:27:34 AM

Thursday, April 26, 2007 3:27:34 AM

Post# of 46027
According to their RSM-made Business plan on http://www.szng.ru they are going to pump 90.000 tons (630.000 brl) oil on shalinsky in 2010 with net earnings of 28$ millions, I think.

So they use 40$ profit on every barrel. Sounds way too high, but I remember costs were very low. They knew that this wells contain free-flowing oil :)