RE: Pipeline to be repaired by Xmas21 Dec 2017 14:53
DH,
"I meant their exploration record not the greatest! ..Am a 'little' nervous about Row..."
What are you on ... have you started on the Brandy early?
Serica is fully carried and so pays no costs for drilling the well, scheduled to drill H2 2018.
The operator, ENI have one of the best drill records going atm.
"Among the European majors, only Eni has been able to successfully translate exploration activities into valuable giant oil and gas discoveries,” says Michele Della Vigna, analyst at Goldman Sachs...."
Added to that, success could at least add 40% to our reserves, or possibly double them. We also have the follow-on prospects of Sundrum and Dundonald, all of which have no value on our book atm.
So to say you are "nervous" about Row you should reconsider your view, this is one of the best, if not "the" best NS play atm by a mile imo.
gl & Merry Xmas