RE: Waiting game23 Jul 2022 19:50
Yes nice piece and lets compare assets
BOR- 100% OWNED
RKH-35% OWNED
RKH ASSET- MEDIUM CRUDE
BOR ASSET- HIGH GRADE CONDENSATE/LIQUID GAS
BARRELS DISCOVERED- SIMILAR (HALF BILLION)
I have always said when one arrives, others follow and as such I like this piece in the Times
βOur experience in the eastern Mediterranean makes me believe that oil discoveries are positive developments β if we do well then other oil companies, even the majors, will come to the Falklands.β
However we will long be on our way by then, self developing with a small CAPEX or a decent farm in. Lets do it ourselves I say. Raise funds with 5 -10 year Bonds, and do a deal with the equipment guys for equity.