Perfect storm14 Mar 2021 21:38
It looks like we are heading in to a perfect storm;
1. As the world economy comes out of lockdown oil demand will grow through the roof sending poo even higher
2. Art wont be sitting on the 13 million. Hell pump up production soon as. Hes clearly stated thats what the placing was for
3. Opl226 extension has been delayed long enough. Once received Essar wont be sitting around they have the financial means to acceralate driil programme. We could see, if all goes well, 4 oil wells producing 10,000 bopd by end of year. 6000 bopd would be to copl
If all above comes off id expect mcap for copl to be half a billion minimum
Whats not to like