Popeye. not coming back in at this price. It had its bounce like I said it would. This will drift lower over next few days/weeks I can see this around the 85p. And then I might be a buyer.
You must also remember oil is mid 70s now as oposed to 50$ last year.
And wild horse upgraded from 290m barrel's last year to 490 barrels this year.
And we fox now 200 million barrels.
And red deer upgraded 25m barrels.
Aaog and matd are still the best drills this summer. And char in november. Shame i bought 100,000 here today in the 13s. But i will be buying more tomorrow. Good luck all.
Fully funded to drill 6 wells.
Is still very bright here.
We hit 13.64p today and i sense we should have gone much higher. But a few must have known this placing was coming.
We have 12m quid to drill another 2 wells. What is not to like about that.
Tomorrow is a buying day.