Ann: NWE: Xanadu-1 Oil Discovery, page-86

So Brent closes $59.24.
Wow that is huge. Has been a long time since that price.
As a producer this is just so important.
Soon $60 plus and many will come back to invest in the sector because it offers "value"
O & G Sector has been so Sad for a while but looks like we are going to be happy again very soon.
But eventually it will transfer to our bottom line and that will be Excellent.
We get Xanadu on line.
Jack up rig next year into our own permit hopefully.
Our 1200 BPD will then go to what??
$60 plus Brent means payback in short period on expenditure.
Please get your pencil sharpener out of you pencil box and keep sharpening because we will be rerated with all the above.

Triangle Energy producing at $29.50 offers the "value"
The Arrow screaming I want more production thru me. SCREAMING.
With The State Gas Float as well as the above do many here really think SP will remain at this level for long.
NOT A CHANCE.

NOT SPECULATION. NOT HYPE, JUST FACT.

Above all my opinion as always DYOR.