Graham,
Possibly true (I havent got any real data about their Queensland production, water cut etc etc - have you ?), but Beach isnt replacing these reserves at anything near this rate.
Yes, they have a big pile of cash, and a very decent cash flow, but they have only added maybe 300 kbbl of reserves in the last 12 months ...
Ian Whitchurch
Graham,Possibly true (I havent got any real data about their...
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