Hi Rugby to further back up the $45 figure i can remember LK saying we can make money at $25 per barrel. Waterflood + SWP should seriously get the ball rolling .
Hi offerman LK quoted netbacks of $33.63 on WTI at $ 58.41so the way i see it we have lifting costs of $25 so i am open to correction but @ $70 WTI we should make $45 per barrel.