re: could fall to $1.50 On my screen I can see 138 million reasons why it will not fall to $1.50.
Lets see what will drive it down;
Success at Faucon...250MMbbls,
Spudding in Uganda followed by success of 100mmbbls per prospect,
Chinguetti producing early in the new year,
Announcing farmout for Guyane.
Oh yes $1.50 coming up soon... in your dreams.
Fred.
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update: woodside sells hardman stake for a$118.3m, page-11
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