10billion barrel@5%=500,000,000BO30 Dec 2018 00:57
At 5% recoverable of the 10 billion barrels OIP @HH that Schlumberger signed off according to DL =500,000,000 barrels of oil recoverable ÷ 20 years = 25,000,000 barrel oil per year across various sites @ $50 profit = 20 years average = $1,250,000,000 per year average across the HH licence for 20 years if I am not mistaken & that is if only 5% is recoverable.
I look forward to the CPR.
GL all LTH & Happy New Year.