Question: 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
| 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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