It depends how flat their horizontals are. They may be able to zone isolate to improve oil v gas ratio.
The USD$90M total spend is pretty impressive but they still need to get decent flow rates if the project is going to be a serious earner. All the back ins for conversion and mgt opts are set around USD0.16C so they need to sort it or they lose also. Wait and see I guess. DYOR.
Ann: Chairman's Address to Shareholders, page-5
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