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Thailand Production
§
December 2008 >8,000 bopd (net) – up
from Q3 average of 4,291 bopd
§
PTT (Thai National Oil Co.) sales contract based on Singapore HSFO crude price
•
Road Tanker fleet capacity of approximately 9,000 bopd (net)
•
Refinery loading bay capacity of 9,000 bopd (net)
•
Fixed OPEX of approximately $2.00/bbl - variable OPEX of approximately $2.80/bbl
mainly transportation cost
