RE: 100% ownership22 Dec 2020 12:26
I think its a very smart move by ENOG to buy as much assets as they can during these low price of oil and with oil price increasing day by day, it will put ENOG in a very strong financial position.
Israel is a small buy, the main one for me is Edison which they have already completed the deal which now gives them 130,000 boepd and this is massive.
I have topped up at every opportunity, but i am surprised more PI's haven't done the same.
The SP is so low at the moment its literally a bargain, the SP should have been around 850+ by now and heading towards 1000.
The market will soon wake up to ENOG potential and ENOG will fly
Just wanted to thank the MM's for dropping the SP to pick up a bargain