Originally Posted by
digger
Ok i should have included the figures.
Say we leave it at 40,000 daily. We will get more if we pump it more slowly,AND IT WILL BE WORTH MORE.
40,000 [365]=14,600,000
That brings us to 31 july 08
The field could easily and eventually likely yield 40 million so another year at 14,600,000 will give only 29 million. The balance will get spread over the next 5 years at a lowe rate. Seems reasonable to me and is my best guess as to what will happen.
I am not planning to sell,so whoever the sellers bermuda refered to it is not me.
I se on enegrybulletin.nett that some private conversation by saudies was broadcast live by mistaKE AND AS THAT INFO GOES AROUND THE MARKETS IT IS EXPECTED THAT TOMMOROW THE OIL WILL BREAK 101 DOLLARS.