I bought some a while back at around $1. From memory, the JV with Santos and QGC are free carried. Hence, I don't think DLS's cash burn is as big as BPT's. As for oil production, it was a bit disappointing to see a reduction in oil produced from the Western Flank but that's due to delays in upgrading their facilities. I'm conservatively optimistic that BPT will try their best to resolve those issues as the Western Flank is integral to maintaining their oil production.
DLS Price at posting:
$1.28 Sentiment: Buy Disclosure: Held