No drilling = decrease in SP?28 Oct 2019 21:46
To suggest the sp will certainly decline because no drilling throughout the winter period is absurd
Are people that dim that they think an oil company only drill after drill after drill...
Mike Buck have just explained preciselt his plans to take the company forward, which includes data interpretations, risk & reward management, marketing activities to raise interests for the company, ongoing talks for potential partnership.
They are all part of what makes a solid company and its laying the foundations. Example: UKOG and BPC, its no good making a dicovery when theres no further plans to get out the oil is there
We have PetroChina who have already agreed to let us use there spare oil storage compacity. By the sound of Mike Buck, he hinted PetroChina and one other unamed company expressed their interests. Listen carefully, there will highly likely be no placements.