paloma deep discovery, page-17

N54..., the NPV figure is meant to represent the free cash flow after expenses and after allowing for time factor of extraction. The field may have a life of 10 years so only part of the cash is available right now due to production constraints. Not a great explanation but do a net search and you'll find plenty on npv.

Neon broker reports of the last 6 months have used either $15 or $20 a barrell. The later is probably a better reflection of where todays oil price is.