appears to be on wrong thread, page-3

not to heart just a sorry head.blame it on the beer.boogie etc.
sorry if my reply sounds facetious, just a bit of brevity really.
remember 26 aug decision prior to then.
in a previous post there was mention of permit auction where BP gained a permit with a possible return of only $2 a barrel. IRAQ i think.all the other interested parties now have to find alternative sources or wait for IRAQ to ease their demands.
i believe there is a directional switch to recovering oil by all the majors ,that stand alone FSPOs even in troubled countries can be kept onstream as opposed to land based wells in turbulent times.a long term plan to have stockpiles of in-ground assets, found and capped for future needs.oil price and recovery price will vary by location so a wide spread oil reserve is essential to keep a company giving out dividends.
just my uneducated premise.
wg