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1

Steve56,

05/11/2006 11:58:14

Tickets for the conference are available at www.oilandgas.org.uk

2

The Strategist,

05/11/2006 13:44:35

Still talking about 27 bn bbl are they? Good old UKOOA. They're nothing if not consistent..

Now how many of these 27 bn bbl are likely to be recovered ? Best estimates are that somewhere between 5 and 8 are considered likely to satisfy shareholders in terms of return on capital..

Any Govt being asked to consider being flexible on taxation would be justified in asking oil companies to be flexible in terms of their ROC..

Failing that, bring back BRITOIL...


 

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