If we get a success I think more appraisal type wells will need to be drilled logon before we sell anything, unless we sell to Woodside and keep a small percentage for production of sangomar.
I do agree there is a history or $2/b - the only advantage this time is the price of oil is substantially more and we don’t have debt hanging over our heads so we can be a little more picky on what price we sell for. In saying this, I would be thinking 3 or 4/b
ele
Potential Bambo Well's Objective Values estimated on NPV of Oil Insitu, page-15
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