Like a nice Finnish--the occasional Swede or Norwegian is also decent from time to time too. Good W/E to all, don't post much but still holding a few and nice to see that we have gained on the recent fund raising SP. 10% a week for the next 10 weeks if you please.
I think it highly likely that this year we will see well pressures that exceed what we have seen already and this means additional 1000plus bopd wells on drastically choked back flows.
I have mentioned this before, I believe this because the Venezuelan oil belt is so close to, if not underneath, Trinidad and now we have the survey data I think that NR will be looking to maximise the new pad positions in order to get as much oil as possible as we need to now start increasing earning power from our drilling campaign. I think he is looking at virgin areas because the intelligence information he has is pointing to these areas.
LGO really needs to start delivery more oil now that we have blue chips on board and looking at us. Only more oil flowing will impress the watching world, markets do not much care for any news other than oil coming out of the ground, this is what maintains a company's value and SP.
I truly believe LGO is going to surprise the hell out of many people. It will take time.
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