Ann: Quarterly Activities Report and Appendix 5B, page-7

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    lightbulb Created with Sketch. 12
    the Us$12 in the formula gets replaced by us$6 if oil prices average us$64(us$64-us$58).

    at average oil prices of us$58 it is a nil payment for the period it averages us$58.

    not sure all holders are aware of this.

 
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