PJ...""I'm not sure you can take out a "hedge" at above market prices anyway""
Your above chart shows hedging prices at above market oil prices.....you might have to go and look at a mirror to continue that argument... No need to reply to me the above speaks for itself...no oppoligies necessary either..
What I am interested from you though is your opinion on the rig move which is what this thread is about...why do you think it has stayed around a lot longer than even JP thought it would...from memory JP was expecting an announcement the previous weekend??
Rig Move, page-38
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