'Range’s interest in Trinidad represents a low-risk, low-cost, high-profit production asset base, with exploration upside and potential for enhanced recovery,' says analyst Emily Ashford. 'In our view, the reservoirs are shallow and well understood with geological risk being virtually zero, given the volume of historical drilling in the region.'
Regarding Change of Buchanan's attitude I think we must congratulate RIG. It was impossible without them. Possibly now Buchanan is spending more resources on Range's account than they are paid for. But for them now its mission critical to protect their prestige, and business. The issue was rightly escalated by RIG to relevant regulatory authorities, with suitable evidences. It's likely that they got reprimanded informally. As long as SP appreciates i am least bother about Buchanan, but guess a lot must have happened or still happening in the background.
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