DLS 0.00% 69.0¢ drillsearch energy limited

Great stuff guys . Seems clear that the production levels will...

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  1. 15,774 Posts.
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    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 ?
 
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