TSXV:ART.H - Post by User
Post by
goldtoeon Feb 11, 2010 12:19pm
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Post# 16775612
VST
VST
thanks to those who responded to my oil export question. I guess this "agreement" is just to get the oil flowing again and for those that are producing to recover some cost. The PSC's have to be respected so if that falls on the Kurdish to pay exports then so be it.. but the agreement was legal according to the oil laws of the day!
I would think that a 3 to 8 BB reserve is a possibility for black mountain.. a 75 year producer.. or so is worth alot of cash.. we probably will be surprised by the offers that Vast/Niko will receive down the road for BM.
salute