This DLA is already included in Antrim;s forecasts which assume 29.25 %.


It was necessary so as to conserve working capital, an important consideration in this market.

Brent prices have been moving up sharply, with the renewal of mi-east violence.

AEN is now cash flowing about $1 million for each 8 days of production at current Brent of $110.


Cash levels were $25 million at the end of the last quarter.