Spec,
as you know - in the current environment - mr market wont "value" potential bbl.'s .......
it might get excited if/when BRU turns on the taps and cracks 5k bopd .......
it would get excited if BRU actually farmed out a piece of dirt to a 3rd party !....... (ie put a min price on some of the upside potential)
there are several co's in Oz that are looking for additional liquids assets ........
if Eric has to go to the USA to find a partner.....then there is an issue!
given the history re bas centered gas resources, and what was given up to get 3-5mm bbl.'s additional "reserves" - it highlights a simple historical fact - management couldn't get a deal done to drive value ......
hopefully Eric clearly understands this .......
rgds
V_H
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