The Chinese own the block next door. Once they get an export license this will be flogged off to the Chinese. By the time this has been drilled and proved I think we will have close to 200m bbls of oil, at $5 per bbls in the ground, you work it out. It's getting to the point that the market either here or in the UK can no longer ignore this. It now becomes a waiting game.
new strike at j58, page-2
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