Hi All,
Feeling a little better on day 2. My wife still loves me :)
Content with my decision to hold & wait for the dust to settle.
If I could ask our technical posters their thoughts regarding prospects in b105 & b120 pls.
B105. Song Ca, best estimate 129MMBOE, appears to be insignificant compared to Cua Lo, 3.9Tcf (650MMBOE.)
Is Song Ca an oil & gas prospect? 129MMBO isn't to be sneezed at, @ $50bbl=$6.45B. Apologies if I'm way off the mark with the $50.
B120. I'm aware Ca Ngu was the smaller prospective target, but apparently had the better CoS. Rua Bien 611 MMBO best & Ca Lang 461MMBO best est.
Thoughts regarding farm downs, CR & asset sales & combinations there-of moving forward?
Should we flick b105 for example and would our JV partners want it?
I look forward to hearing from KC on BRR.
Thankyou in advance & no apologies required.
http://www.asx.com.au/asxpdf/20130903/pdf/42j44x02ztlt56.pdf
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