BYE byron energy limited

Ann: Appendix 3B, page-7

  1. RSD
    4,373 Posts.
    lightbulb Created with Sketch. 186
    Trying to predict what is going to happen in the U.S. is very difficult at the moment, they are coming into their summer which should help a bit, from memory Texas has a republican governer and has reopened but their case numbers are still going up -
    https://hotcopper.com.au/data/attachments/2169/2169134-12473a32994eab91e82e8b61169e3598.jpg
    With every state affected differently and each state using different tactics due to either their cases or political allegiance the outcome for each state is going to vary markedly.

    As for why we are drilling for more oil - producing LLC means that we are producing a premium raw product, our cost of production is probably lower than that of shale oil producers, but I think that your question is a good one and is probably worth putting to management - in times like these cash in the bank is king.

 
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