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l_winthorpe

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l_winthorpe

Re: benfrankledger post# 62

Sunday, 12/10/2017 9:17:52 PM

Sunday, December 10, 2017 9:17:52 PM

Post# of 69
I read a WSJ article and they referenced a $20 per barrel development cost. Though, that might be rather low as that was for the majors and across all projects. Looking at BBG's finances, I assume that they will be profitable at $50 per barrel development costs, so I guess an industry comp is moot.

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