RE: Runs out13 May 2020 08:28
This Rns give great confidence that we will clearly make it through theses hard times.
With oil profitable in the mid teens from Stanley is massive news and just underpin how good Stanley investment is,
Well done board,
The Operator also has advised that in their opinion: "Regarding operating costs, many of the projects that we have completed in the past twelve months, such as improvements to the central processing facilities and reworking and upgrading the salt-water disposal system have materially lowered our operating cost. We believe our current cost structure will allow us to remain profitable with oil prices in the mid-teens."