current level.... the question mark has been answer.... the reserve in the NE field is still there, only need to make some remedial work and we can get back to 20-30,000bbl per day.....
second important point is cash cost is AUD33/barrel, that is still an extreme profitable operating margin of in excess $60.....
third point, farm in and future development should add significant value to AED.......
I can see it going back into $3 at least.....
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- ne production can increase to 2 to 3 times
ne production can increase to 2 to 3 times
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