How much would FAR put in the kitty? If you think its a great idea put a number on it? 25 mmbbls @ $12 Usd = $300 million but would FAR get that?FAR would lose ~ 1.5 billion USD in income at $60 pbo, 2 billion at $80 for a $300 million sale.
If as CNE keep saying the field economics are outstanding then borrowing the money should not be a problem.
At 80 oil payback is about 2-3 years. I personally want them to keep as much as possible. Aimo DB
About to run again? Last chance for cheepies?, page-43
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