market says 7 to 7.5 cents.
new operator for the permit,so noel no longer has to negotiate.
if the new people can farm out exploration,then 3d might have pre drill runs again.
cost to get west seahorse producing will be more than the money raised,so 3d will be looking at less than half of a producing oil well.
but cashflow is now a very good chance.
will the wage bill go down,as 3d no longer actually operates anything?.
Ann: 3D Oil Corporate Presentation , page-3
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