Depends how long. I feel confident you could get that but when? Before summer? It's possible, very possible but not guaranteed. 5p would be shocked if we didn't get. Really and truly shocked but it could happen. One thing seems certain to me. Over a 2 month period there is nothing priced in. If you wanted get you average below .8 tomorrow morning early would seem to be your last chance.
Out of The 9 tcf. If we only had 1 tcf its exceptional. Mk complex alone could make the sp mutibag. Yes just 1 of the 9tcf recoverable. If All is confirmed with the CPR on the MK complex. Which drilling these other wells adding all the time to the CPR. 2 wells this quarter. There's every chance it being correct. At Least 9tcf maybe more. Frr could be 10p in 8 weeks or so. Yet some are still selling. KEEP HOLD TIGHT. Imo.
Just heard Shell on the radio defending their plans to drill in the Arctic, looking at a potential 24 billion barrels. They don't seem perturbed by politics or geography. We have nearly that much in a far more accessible location! FRRs 18 billion barrels really are up there with all the major discoveries.
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