Big Al. Just to clarify, while DLS on paper was slugged a large amount of tax, they will not pay tax until at least 2017, at the earliest. Hence why they were able to increase their cash balance by so much in the past 12 months. Even the PRRT while liable, is only payable one they have used up all their past cost exceptions (i.e, drilling development etc etc).
Break out soon, page-14
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