Ann: Oil discovery at Burruna-2 , page-2

wow!

so that's 750b/d FREE FLOWING !!!!

OGY has 20% --- that's a share of 150b/d

at say $105/b revenue = $105 x 150 bbls x 365 = $5.7m p/a

rough calc but clearly significant revenue for OGY.

AND importantly Senex will want to get this oil producing ASAP, and it is close to existing infrastructure and production facilities.

THE, we can also add the discovery from Fury-1

whilst that was small, at 75bbls/d, that's another 15b/d to OGY so add another $575k p/a to OGY revenue. One would think that if they produced from Burrana, that they would also produce fro Fury-1.

so well done OGY ! (oh, and Senex!)