End game to the oil rout, page-52

What the price of WTI crude is does not concern me, what does is the price of Brent, which is sitting at U.S $47, or AUD $61. So DLS western flank production will produce approx 2.7mmbo in FY 16, if... they did not have the hedge etc, they would still be making approx $84 million in free cash flow. All the while, as g12m0 mentions, DLS can cut back from its massive FY 15 capex levels to bare bones and still explore etc

Wishing I had some money sitting around, but I have a decent amount of DLS shares. I look forward to the company announcing its drilling program... which is bloody late btw. Just because Brad is not there should not be stopping them informing the market.