Correct Moth, give or take a few bucks. Working on todays oil price and roughly $35.00 per barrel costs, it still represents around $10M a year profit. Imagine if oil gets back to $70 barrel.......
The frustrating part is, we pretty much know its down there, just need to bite the bullet and get it out of the ground!
Like going to the strippers, you know you want it, you just cant touch it!
Ann: Presentation at AGM 2016, page-5
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