Question

Select the relevant data from the following, and calculate Big Oil Co.'s Production Cost for the...

Select the relevant data from the following,
and calculate Big Oil Co.'s Production Cost for the year on a BOE basis
(Use a 6 to 1 conversion ratio)
$Millions
SG&A cost $225
Interest payments $75
Development costs $900
Production costs $200
Proved Property Acquisitions $200
Oil production 9 MMBO
Gas production 30 Bcf

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