@mad hare
I always crunch the numbers.
The investment must be worth it.
sp looks cheap to me.
The OIP $/bbl figures bandied around here are from extremely low oil price events after the OIL price rout done by the Saudis.
Those extremely low oil prices are not the norm.
I noted the oil price has returned to the long term forecast of $80/barrel by industry experts years ago.
Before the oil rout. Before covid19.
GLA
$11 Billion reasons, page-13
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