Revenue should break a million a Q, Q2 next year 2
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Revenue should break a million a Q, Q2 next year 2013.
200 Barrels a day end of Q1, so Q2 should come in over a million,without Belize.
200 x 80 dollars = 16000 a day.
16000 x 365 = 5,840,000 Gross revenue,
You should note there are royalties and other payments to be made.
5,840,000 / 4 = 1,460,000 .So, should we reach the 200bpd and I believe we will, revenue will be roughly 1.5 m Q2 2013 and rising. Not counting Belize should we get favorable results.
It's quite possible we blow by that 200bpd. So be prepared.