Great stuff guys . Seems clear that the production levels will fall off significantly and thus the oil price will increase over the medium term. I think somewhere between 70-80 is where it will settle medium term. As long as AUD stays low , no reason why it won't then a 70 usd oil price will be delivering margins of 70 dollars per barrel
Antman
I don't know the value of the break up origins CB reserves , but I imagine most to be gas? I wouldn't expect more than $8 boe for these assets but who knows . The big question is who can be the buyer. DLS and BPT together possible with some debt, maybe BPT on their own ?
DLS Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held