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14:53 - wouldn't say that. Depends on when you got in. And your expectation. IMO there will be slow downward movement until next news but shares are still currently worth 2.4 times what they were worth in late February!
Next news will see movement. FO news will see movement and 2022 drilling season will hopefully are big upswing....fingers crossed!
Yep. My first thought on the the article headline was....ok so what we replacing them with???
Just to note only posted for discussion (not scaremongering, etc). I'm all for Net Zero....but the solutions aren't there yet IMO.
Not sure if this has been posted but big article on BBC website around Net Zero.
"The IEA says that from now, there is no place for new coal, oil or gas exploration or supplies."
https://www.bbc.co.uk/news/science-environment-57149059
It stated....
It is now too late in the season to initiate flow testing operations and the forward program will consist of plugging the well. The well may be re-entered in the future, if warranted, in order to drill a side track and conduct a flow test.
It might not be abandoned but given the timings 'the future' will be 2022 season at the earliest.
What a few weeks it's been. Having been in since Icewine 2 it's been a long time coming. Still in for the results but derisked and some profit taken, just want to wish all the LTHs (and the STHs...well, the honest ones anyway!) the best of luck for results day. Let's hope this comes good for us....finally!