This space is reserved for thegreatgeraldo to introduce himself.
Cracking effort Darron, much appreciated..... off you go for a well earned drink!
Re CEO.....Capex rising from $150 - $250m all easily funded internally and still have $200m after tax cashflow? Using 20k bopd for next year (& $80 oil), that would generate gross revenues north of $500 mill without the onshore gas. That level of capex would also provide some shelter against tax. Add in Songkhla H production around mid-2012? Plus a fully drilled Songkhla main? IF…
Meanwhile Saudi Arabia has reached a record level of production of 9.6 million barrels/day, Iraq has surpassed 2.7 million barrels/day and Russia has surpassed 10.2 million barrels/day. Although Saudi consumption has reached a new record this year (2.8mmbblsd) & other OPEC countries are seeing rising consumption. North Sea production (UK & Norway)has dropped around 2mmbblsd over the past decade & Mexican production is on the…
No correction. Hopefully the broker hasn't done as stated in yesterday's release & placed the entire issued capital of the company!!
I'll just sign in as a guest as I did last time...
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