Just to add to my last post Barry. At the moment we aren't drilling for another 6 months. We don't know what the oil price will be then but our average break even is about $39. Our core samples looked pretty good when analysed so if we got the acreage that nobody wanted I'm glad. We payed peanuts for it. Just have a look what otto paid for they're share. Their is a limit on how much acreage is owned so maybe that's why our parcel was left for us to pounce on and Dave did just that and bought extra.
Melbourne 88e'rs, page-208
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