This is very good news
4.5 metres is a solid column which means cooper should net 350K- 450K barrels out of this. Add Perlunied and we have at least a years production thus far. with an average Tapis oil price at 85 that would provide 25 million odd in net reveneue
Although I firmly believe the market may go lower this provides some further protection and we can say goodbye 30s for ever??????????????????????????????????????
good news just keep coming, page-3
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16.5¢ |
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Mkt cap ! $448.8M | |||
| Open | High | Low | Value | Volume |
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