"I AM assuming a $100/bbl oil price, and I suspect that this will be the average oil price for a while, and will steadily climb. The overall average will probably be HIGHER than this, but I am happy with it for now. It makes little difference if the oil price dips below $100 temporarily, because over a possible 25-30 year well-life it will average much higher."
I seem to recall JH mentiong at one of his presentations that we would get $115 Per Barrel (Tapis crude) ??
CB
trading halt, page-68
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