The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"ExxonMobil to tap more oil from offshore Canada hub
Unexploited reservoirs to be tapped at 707 million-barrel field
7 March 2023 11:24 GMT UPDATED 7 March 2023 11:40 GMT
By Iain Esau in London
ExxonMobil has filed a fresh plan to further exploit its 707 million-barrel Hebron oilfield offshore eastern Canada after drilling two successful delineation wells.
Located in the shallow-water Jeanne d’Arc basin offshore Newfoundland, Hebron came online in late 2017 via a huge concrete gravity-based structure (GBS) designed to deflect icebergs arriving in the area after their three-year voyage from western Greenland’s calving grounds."
Why bother when there is 1 billion+ barrels next door and on dry land.
Good news today re AMC being able to sell their assets.
There is no point bickering on what will or won't be because none of us know.
What will be will be.
Either load up, hold or sell up. Trade or short (dirty word).
What you post on here will make no difference. If you are in for the long term (like I have been) then it is best not to read this board religiously as it will only bring you down.
I'm also in a few other shares (recovery stocks) to hedge my bets with this one.
GLA