From what I can see, Bula isnt declining as much as it should ... it almost appears to have reached a 'steady state' of about 500 bopd from about 30 wells.
Selling it is, of course, a matter of price - hell, if you arent prepared to sell the chairmans desk on a good enough offer, you shouldnt be in the business (*)
But I dont see 2.5% of Oseil as being enough of an asset to support Lion by itself.
Ian Whitchurch
(*) Spot the child of the 80s. Ahh, those corporate raiding, asset stripping days. Robert Holmes a'Court ... sic gloria transit mundi
LIO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
