Long term oil price is what counts, this field will be exploited over a 20 to 30 year cycle if commercial . Todays price is not so relevant apart from setting the scene for future rises by delaying current development of replacement reserves. Current consumption is around 5% of reserves annually which is not being currently replaced. Opportunity knocks in this area.
Ann: Operations Update, page-67
-
- There are more pages in this discussion • 188 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $59.97K | 28.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 385 | 448921908 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 577454273 | 149 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 88E (ASX) Chart |