Please Ex. Agree with your comments regarding the oil sands, just why? Why would you bother? Dirty and expensive!
Okay, they were probably in the money at $100 but it's a long way to there.
Better to cut your losses and get into a great company on the North Slope with an excess of light tight oil (Jez I love saying that). With a mid price of $39 extraction and heading down, down, down.
Mind you they aren't going cheap, with 5 bill barrels and 5 bill shares = minimum $5 billion but out. Ben Van Beurden put your hands on your pocket.
Cheers team
ICW 2, page-16
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