To really be commercial, and going by past Cmon calcs,
I reckon they need around $60+ WTI to have sustaining capital to keep up with declines.
Not $50 minus rocky discount
and to get to that point, you need another say $35m which is about half of what AKK have already smoked in capital to be worth $7m.
Ann: Austin strikes Oil in Colorado-AKK.AX, page-264
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