I just listened to the last BoardRoomRadio....
www.brr.com.au/event/45658/
They say that they would be able to move into production within 6months of any commercial discovery.
Also that freight charges charges of $8 per barrel for baymore or simpson.... and guessimates if production rates are like those in the cooper basin (geologically very similar) which would yeild 500-3000barrels a day then all up cost would be in the order of 20-25USD/barrel.
Current oil price over 131USD/barrel.
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