Bought today at 82.5 82 and 81.5 Simple reason it costs more to...

Bought today at 82.5 82 and 81.5
Simple reason
it costs more to find a barrel of oil than DLS is valued at .
Their reserves are likely to be maintained if not increased
costs of prod very low
production over numerous wells therefore risk of reserve downgrade very low
Bauer will keep delivering
I love the wet gas business

don't expect price to rebound to 1 dollar any time soon but without doubt a good oil exposure with zero net debt