Agree about the decreasing costs & the higher oil price is always nice.
The thing that concerned me was the low production for the first half. The high prices sort of masked this in the graphs.
Production for the first half is 210,000 barrels or ~420k on an annualised basis which is well down on last two years 500K+ barrels.
IPM
incremental petroleum limited
califonia rig secured, page-5
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