Yes, long term still very profitable. But J50 still not earning. NWZ2 still not flowing. J52 still drilling, potentially on test for 180days. $22 just covers opex per barrel. No profit. Thats a gauranteed recipe for another CR.
J51 should have been drilled from free cashflows. Still could be, but it would require waiting for the cash to arrive. Personally I would want minimum 3 wells in 2011.
Yes, long term still very profitable. But J50 still not earning....
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
