re: some calcs.. 6 mill barrells You will make a better return on LGO
I had to post this MJR.....this is correct, LGO will head North...
If the traders dont catch on, they will miss this ride to 8 cents
LGO say's that currently yellow bank 3 is flowing 200 bopd with reserves of approx 1 million barells so in total yellow bank 3 & 4 have approx 6 million barells of oil in which Brisbane petroleum have a 50% interest and LGO have a 22% interest in BP.
This is what i am getting at...once the market is fully informed it should push LGO's price up accordingly
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