This was always going to pull back from a strong rally , and...

This was always going to pull back from a strong rally , and this was I believe another opp to buy. If one looks at the half yearly report and sees the trading profit and cash flow generated from 6 months of 6700 average bopd one realises want 12 months of 9000-10500 bopd will deliver.
Trading at Ev per barrel of oil of around 15 , and fro developed reserves soon to be all producing that is low - should be 25 ish.
I think I may need to bring my 50s prediction forward from Feb to Jan

News catalyst include
Beibu production starts
Reserve upgrade from Beibu
More Balai cluster success
2nd half profit result
Studding on free carry well or receipt of 18 million 1st quarter 2013
New projects