Ann: Appendix 5B and Activities Report, page-28

yes I am suggesting poo will stay low for two years or more. The Saudi don't like the competition from the amercian, as most of production is hedged in amercia for the next two years, companies aren't going to be going to wall quick enough to cause the price of oil to go back up in the next two years. Saudi are trying to kill off the shale oil industry to protect there market share

Shame akk doesn't have any hedging, lucky its producing a small amount of oil, so it doesn't matter. Hows those perre wells going. Still not drilled, come back after april to finish them off?