Daniella Hope you are right , but Malaysian oil margins may be...

Daniella
Hope you are right , but Malaysian oil margins may be 10-15 now and will grow with production volume deal . In beibu's case oil margin nearly 50 dollars with immediate impact on balance sheet , so I think a price of 20 per boe will be great, and as I said previously even 25 is reasonable IMO

As an example John Young from Ord Minnet places an NPV value per Beibu barrel at 42 usd . I think that is ridiculous but a price of under 20 would be great . 15 would result in a 2 year pay back