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I have a friend who works with COP in UK and says COP will sell all and concentrate on unconventional in both mainland USA and Alaska. Make of that what you will. Maybe just maybe another Tier 1 for conventional and COP next year for Unconventional DYOR Nossie
Jog agreed. Just passing on my experience. Just don’t want lots people downing this company “ we know who they are “ when no FO news end of March after all we were told data room open until end of 1st quarter . Formalities after 31st for me I think
Brom My interpretation. These things not always easy. Contract engineers can be very picky and want all ts crossed and I dotted. 40 years in oil industry last 20 working for explorers working closely with drilling engineers and contracts engineers though planning wells and execution. I do think Winx results and maybe Yukon news before final FO news BUT I could be proved wrong.
Jiddy IMO we will not get FO decision until mid to end April. 29th March Data room closed 12th April latest for sealed bids to be submitted 2 weeks of internal discussions and clarifications between contracts people. 28 April announcement of successful bidder in Aussie . But if all straight forward maybe announcement will be 21st GLA
To be fair Cap Juby was no gusher, was some there but not anywhere near good stuff to bring to market. they did not even test the well
Come on down .... just another chance to buy more of these good shares on the cheap ( not a ramper ) just a believer who has worked in oil industry for many years, scaremongers are out in force about Morocco, Morocco was always going to be a gamble!!! many have tried to find oil in Morocco and failed exploration is just that in oil game a gamble!!! , but this Alaska project is different as we know there is oil in this area + the added cost saving by getting 85% of your costs back from goverment, Whats not to like about this, buy cheap hold for a couple of years sell job done !!!! maybe earlier all going well