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News: Oil Basins Presents at the 20:20 Investor S, page-5

  1. footy
    18,150 Posts.
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    21/09/11
    14:32
    Post #: 8989650
    re: News: Oil Basins Presents at the 20:20 In... Good catch cch

    As Neil said also, oil in the ground at current pricing is worth $30 a barrel.

    And we work on Tapis pricing of $125 approx a barrel not WTI (cushing)of $85 a barrel approx.

    Prove up 1m barrels and we are then talking about a figure of 3 times the current MC.
    OBL Price at posting: 2.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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