Just thinking about this break even debate,
wouldn't it be easier to break even when you pay $30 acre as opposed to $60000 acre.
I know drilling costs are a lot higher on the North Slope but once drilling is done OPEX would be similar.
Cheers.
P.s I'm predicting a 5.5-5.6 close day.
LSE tonight, page-6386
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| 88E (ASX) Chart |