re: Ann: DJ Carmichael Issues Research Update... It worries me these Broker reports state HW3 as 17MMbbls net to JKA.
Presumably this is 111 x 15% = 17.
However, that should be a gross number as the government oil company will be entitled to a share of production. Not sure exactly how much but upwards of 50% is not unusual.
Otherwise, good story.
re: Ann: DJ Carmichael Issues Research Update... It worries me...
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