Well that is interesting ! Hard to get the exact figures from MPO announcements (I couldn't find it anyway) but what I could see was in the half yearly a mention of 100% owned lease and the acerage was 16,600 gross, in Q1 last year they were producing 223 BOEPD can anyone do better then that? i.e how many acres in the permian and what that works out per acre?
If that is the go then I would guess we won't/can't sell and will go into hibernation until the oil price recovers.
Any other thoughts?
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