Cheers and all opinion only
Good one Rob, all in, a very useful summary.
Alternatively a bit of speculation (low risk IMO), (for the gamblers amongst us (if any, LOL)):
For Louise add nett 100 bopd (speculation), then total net 450 bopd X $50k/flowing barrel oil = $22.5m.
If I was a big US user of oil (say a transport co.) then I would buy this up as a cheap hedge (future proofing).
So good value (at present we are at about $5,000/flowing barrel).
Thoughts? Comments?
Stand Bye, page-7
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