Actually POO was $65/bbl in March 08 ...my mistake. Perhaps we can dee wht Team/Cape sold out to OEL so 'cheaply'?? Galoc is uneconomic at $65/bbl with costs as they are (as you point out Carpo).
Nido was initially supposed to be financed (and controlled) by Vitol but pulled away from the GPC group in 2005.... can see why ....good move Nido ....imo.
SALTY
Actually POO was $65/bbl in March 08 ...my mistake. Perhaps we...
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