even "if" its only 40mm bbl.'s ......and the "water prod" .....then allowing 25us$/bbl opex (rest of PBR is 15/bbl) ......then kar stands a (good) chance of producing very very solid cashflows ........
we don't know the terms yet, nor if any debt (a US bank is advising) .....nor if the FPSO is lease or incld .......nor the remaining capex for TV field ......
looks a "smidge" promising !!!!!!!!!!!!!!!
rgds
Value_Hunter
even "if" its only 40mm bbl.'s ......and the "water prod"...
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