OK announcement.
Oil production up a little.
Oil price up a little.
Profit per barrel big. Oil price was $66 and the cost are $20 US. A bit over $40 US per barrel.
Looks like we will have to wait for the quarterly to find out how big a profit we are making.
At this price and production there will have to be a profit.
No sign of how the reimbursement for the cost of drilling Bunian 5 happens.
Saltbus
BAS Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
