Even at $60/90kbeopd PMO is paying down plenty of debt. SK if you would like to put figures down and show your workings for such a statement I'm all ears. Please do
Yes, I may have my sums wrong but with the recent circa 2 pence drop it's worth £23.5 million per annum. With oil at $60 and production at 90kpd. Not that they would convert it all to pounds but you get the idea
I sure they would have to declare that. They were talking about using them months back but I think it was put on the back burner if you pardon the weak pun