" Quite a few are getting shaken out worried about a dilutional Cap Rais...i dont buy that theory.....would make a mockery of the divi payment. "
When OEL made the Cap return + div payment in 2015, they didn't know Kito and Alaska drilling would be delayed for 2 years.
G&A @ ~USD1m/qtr amounts to USD8m over 2 years........
POO, page-8
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