Solid RNS, 13k without ONP is a great failsafe in the event of more protests, protests only thing holding this back or it will can really fly. CPF completed also
Hi , im looking at these very closely all seems great , what are the possible drawbacks here or what could go wrong? isit not straightforward now plenty of gas is discovered?
What's to stop this from plummeting when it comes to Nov 30th and they have to slow down production? With or without the new well they can't get rid of the oil due to protestors at petroperu? It doesn't seem like they'll be gone by then does it? I bought more on the dip so I hope good news is on the way!!
The catch is they have 13 days to get rid of the protestors or they have to wind down production...... that and delay of new well must be scaring people!
They produce enough oil for it to be a complete cashcow anyway. ... and the gas prices are still very good, dropped a tad but still good , in my opinion anyway.