88E 50.0% 0.3¢ 88 energy limited

Ann: Operations Update, page-260

  1. 2,144 Posts.
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    That depends on how many barrels are down there.

    There are some working on a $3 price per barrel theory if the company is bought out but, let's wait for barrel numbers to be further defined. Then, it also depends on the buyer:
    South Korea for example paid a heck of a lot for Canadian oil sands about 5 years ago which will cost them over $2 a litre to process I believe. Might get a different player wanting in that is willing to pay more for light crude.
 
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