What price would you put on the production side given the continuous upward price trend of oil ATM. You may settle and a month later kick yourself for giving it away, so to speak. Ungani could be huge and he doesn’t need the money for Bromne so hands off that field, farmout new leads, not existing finds
Furthermore no company is going to pay for reserves not certified. Existing production won’t be sold off and if it is Ill be selling as well.
Ann: Corporate Presentation, page-77
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