Thanks for not posting. While factually you are correct you are overly negative. I think as an E company you have to drill for new reserves. While hugely disappointed I still have faith. 12 more wells and 2 exploration wells.
Looking forward to the well test of MSD-25 well which will be on production in the next two weeks. 85 ft of oil sands with good porosity. Brent at $130 USD/ BBL this morning.
Is this a deliberate tactic to lower the SP? Every day a small sell first thing. Why the delay in share buy back, and also lack of news on drills? I smell a rat.
Every oil & gas companies has to keep drilling to maintain production and explore for more reserves or they with fizzle out. Management only approve or not projects subsurface propose. Management give the direction/ objectives of the company. Most companies have financial people at the helm, which SDX has. The previous CEO was ……..
I half listened in as I had a TEAMS call. They just went through the presentation on their web page. No questions asked. They said if you have any questions send to Camarco and they will be answered.