quartelry tomorrow , page-2

I agree Auto.

The big question is how long it will take the brokers and in turn the general 'market' to crunch the numbers and realise that on current 2P reserves, ROC has 5 years of healthy production that will produce revenue (at brent US100 per barrel) of around $1,2-$1.5 Billion (Of course, this is an extremely simplistic number crunching and does not take into account natural declines etc, but also does not take into account any growth in production).

Due the high margins you have posted about regularly, I think that numbers are impressive. I can only imagine how much ROC market cap would be if they were producing locally onshore at the same costs.