
Børsmorgen: Brasiliansk olje mot Oslo Børs, tallbonanza og inflasjon overrasker
Børsmorgen & Økonominyhetene
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Is There a 60% Recovery Rate in Brazil?
Our full cycle costs the $18 per barrel for Op X plus $4 per barrel for Cap X and indeed abandonment as well however of course we are taking it from the ground to sale or that's right when you say full cycle. 1% of royalties goes 1% of the royalties goes to the land owners themselves so we have a very aligned stakeholder relationship which creates for robust and reliable operations. So I think you can see yourself there is significant upside opportunity in the recovery factor. Marius, did you guide all the analysts to cover your stock to the 60% recovery rate so they all use the same in the research?Marius: No, they've all, all Roman asset perspective
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