Onya Doc. And although I'm sunning on the Sunny Coast, I am trying to put a measure on Winx, and what it might be interpreted as being worth, and what it might cost us if it fails.
All I'm thinking though ours, and OEL and RMP's re-rate is that Winx is valued pre-spud @ around $0.25/ barrel...
I wonder if then, with our CoS rated 25% or so, if the proper adjustment for fail is only $0.002? And that the proper appreciation for one well success is barely a cent?
I'm sure my math is wrong tho, convoluted perhaps by the myriad of pert buttocks drawing some focus from things at hand (so to say).
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