Yeah I know but always take the good from the bad. Had they started last year they would have probably got 6-7usd per barrel hedged less than they will from now after the output cut by Opec and Russia. I think we should see the oil price stay closer around the 50usd now as US inventory will go down over the colder winter months.
I think 2017 will reward EDR shareholders. If Wressle gets the go ahead and fracking maintains its positive moves fwd this company will be a prime takeover target.… Read More
Incredibly frustrating for all involved. January wil be the 2 year anniversary of the Spudding of Wressle. Unbelievable really that it's taken 2 years and we still have no production from a commercial well!
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