RE: The melts both sold and took huge loses1 Oct 2020 16:09
Wrong again mug - this from Last presentation .
Get your facts right next time
Attractive fiscal regime - 9% Royalty, 26% Corporation Tax
• Large discovered resource – 462 million barrels of recoverable
liquids (contingent and prospective) – independently assessed
• Low risk, straightforward, appraisal programme
• Conventional deep water FPSO development - partial or full
field development options to be considered
• 49o API condensate and LPG
• Initial Production > 90,000 blpd
• Break-even oil price < $35 per barrel
• Short project pay-back time – less than 3 years