Sprintman exactly and also dave has given more time to tier 1 oilers if needed to be absolutely sure of a good offer..so it COULD go into january then in feb is winx drill...so lots to look forward too...
Need to cut exports to reduce the impending glut while maintaing 10m+ out put for global supply/growth and market share.
Worth reading these articles from oilprice dot com. If read regularly will keep one upto date and also expand your understanding of oil game...
https://oilprice.com/Energy/Oil-Prices/Can-We-Expect-A-Major-Rebound-In-Oil-Prices.html
Are we seeing a bottoming of current oil prices?
1: usa waivers to iran are temporary
2: opec+ need to cut 1.4m or more to off set current supply or see another glut looming into 2019
3: india and china 2 largest importers of oil and lng gas so their demand is reliant on their economic growth...
RE: Hot copper - corporate spotlight23 Nov 2018 12:30
The way i see it dave has left a bit of wiggle room going i to january for any oila major to put in a decent offer . Otherwise we will be into winx and when that is rerated then our bargaining leverage increase as well as potential oil Brent price increasing....then yukon gold...too much in our favour now...well done dave
This is an old video of DL at his DOR presentation well worth a watch mentioned okd HH results b4 recent ones...lots of info : https://youtu.be/Zhf1e6c9MIo
I spoke to dave about the price of oil affecting tge deal...he said if memory serves me....dosent effect us that much...this was last febuary in globe...as the price of oil fluctuates to much..image icewine2 flowing last year at lower poo...and some major jimped in at lower offer...that most would of took rather than prove up the options we have going for us now... all relative
On a positive note i like this bit from the rns: including drilling of Winx-1 in
Q1 CY2019, and to enable it to identify and exploit new opportunities on the North Slope of Alaska
Brombarb and reaper jf and moda...imagine the possibilities and various options dave wall has created for us with these extra conventional land grabs....yukon gold was done in the " nothingvbeing done hibernation period" just after the first winter shut in followed up with the winx project not really sure if dave was dealing that before or after the second well suspension.... point is dave will shrewdly grab any bargains where possible to maximise the biggest potential to creaming that curve ... will he have more wizardry tricks up his sleeve? Or is it time to deliver some of the shopping he always said patience needed.. i think hes building a big folio of land to maybe to stay and produce on for a while beyond 2020. Or at least sell the majority and keep some buy to produce ..in one of the Q&A dave mentioned if the price of oil is $85 and the oil is big enough he would stay around in not so many words. He can be very cryptic at times..all imho best regards daz
To many negative posts now....please focus on 88e and its new beginning and new investors that may want to be part of this amazing journey...to much time wasted on wasters....just filter best regards dazzle
Hi brombarb and all. ...very good news and a new positive beginnings for us all...Great to see people still buying up 88e even after the R.I. ...it certainly looks like the tide is finally turning and positioning 88e in as best place as can be...fantastic reaction over in oz last night 26% up and great renewed enthusiasm in securing 88e story and future...its been a frustrating year but the behind the scenes magic tge wizard of oz has down even in the so called trolled " hibernation phase" strategies were being battled out and taken full advantage of while some were bashing and dissing daves hard work at getting yukon and winx plus extra on icewine...maybe more in the pipeline excuse the pun...im sure hes written a bice letter to santa to bring us a nice christmas gift...best regards dazzle
Mr trump whinged at saudi to lower oil (even though usa pumping 11m bopd and exporting) so the voters wont pay too much in gas in the cars or for winter/hurricans... watch it creep up from now and after xmas...