good post a few points to condsider - oil price peaked a yesr...

good post

a few points to condsider - oil price peaked a yesr ago, most oil companies have had falls in profit due to this

buy back is better than dividends as it rerlects the companies growth focus. OSH afew years ago did exactly the same thing and used borrowings toi do so. the sahres were 60-85cents back then.

Based on the BOE reserves and shares on issue the comapny is very good value.

I agree its US based operations have not put this on the raider of Aussie investors as much as it should be.

time will tell - and idf we see sucees in lakje long tomorrow i think it will go over 1$ in the next few weeks