BPT 0.44% $1.14 beach energy limited

am i missing something..., page-3

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    Zonker the highly regarded operator Kuwait Energy Co operates the Abu Sennan concession and their website always has the current Brent Crude price streaming, so I assume the US$111 Brent Price showing now is approx. what we'll receive when they sell our Beach 22% from both El Samilya wells that are now on production.
    The other Beach producing Egypt concession is BP operated and over the East side of the country in the Gulf of Suez opening to the Red Sea.
    As long as they keep on selling our oil it matters little what is happening in Cairo.
    I may be wrong but I suspect the sovereign risk is lower in Egypt than any of the sub Saharan oil rich African countries.
 
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