Reserves look reasonable, hedging looks to be well managed. Looks like a production/revenue decline will be coming in for the next repotting period but it's all about survival at the moment. As a tier 1 low cost producer they look to be well positioned to take advantage of an increasing oil price. Anyone have a good understanding on debt levels/structure?
SEA Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held