4 hits so far......, page-6

  1. 2,834 Posts.
    Joelbaby,

    True, but they just did increase their oil production - Tinker-3 at 300 bopd means about another A$2m or so a year in oil revenue, assuming oil prices of around A$42 a barrel and costs of production of about A$20.

    Lark-1 apparently hit oil as well ... even if it's only 100 bopd, thats still a couple of grand a day in free cash flow.

    Personally, I think MOS should look long and hard about renting a LNG tanker, filling her up in Brisbane, and shipping it over to the US.

    Ian Whitchurch
 
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