Let's not confuse the value of the oil in the ground - the reserves - measured in 10's of $billions...
With the daily value of oil production - measured in barrels of oil per day - ie 10's of $1000's per day initially - and increasing to $millions per day in the coming 2 or 3 years
Barrels of oil per day will be multiplied with extra wells
The only bottleneck on that will be a need for a pipe. Between Cuban govt, Sonogol, MAY, Skerritt, and others - I'm very sure a pipe will go in without fuss.
Let's not confuse the value of the oil in the ground - the...
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5.3¢ |
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Mkt cap ! $178.6M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 15.56pm 03/05/2024 ? | |||||
| MAY (ASX) Chart |