RE: Gkp18 Jul 2019 13:35
SS,
All papers are based on bias and speculation, otherwise they wouldnt sell anything. I actually think Lefty had a solid source, he wasnt to know that a very well organised P&D was in place. He was used.
MOL have talked some numbers, but i believe Gkp have also talked about increased volumes with further production history, I think they will only release the CPR when the FDP is agreed - given that without FDP it will be contingent and not proven, chicken and egg scenario.
Chinese work should have been communicated, but it was a study and not a commercial proccess or market sensitive, I agree its a bit strange thou.
The 40k was if memory serves me right delayed due to regular payment confidence, ISIS and oil price. Thats a mix out of JFs control thats effected all Kurd oils.
55k - isnt this an industry where all timelines slip? Its certainly not uncommon.
Im sure all oil companies are in talks about farm ins, asset buys, potential takeovers all the time, but its the same for all, i dont understand why people are so obsessed with it, given it may never happen.
Ashti isnt probaly the best guy to quote, however i think many including myself thought that consolidation would have happened by now, i think the key is HCL, with the addition of ISIS and KRG corruption not helping. I would argue most believe SH is worth alot, how much is usually the argument and i dont see any conclusion to that without further drilling, especially into the deeper zones.