yeah, what I cant understand is the need to hedge 150,000 boe, when the market is talking about $100.00 per barrel end of 2010.( saxo commodities on bloomberg to day)
I would have preferred to know what method their going to use and what the cost/loss minimisation they expect gain/loose.
Yes, I would have picked Caterina ahead of Artemis even on the conservative figures mentioned.
The most important reason Cue is in the drivers seat regarding
suitable farminees and time milestones, the buck stops here.
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