Any guesses as to the reasons for the change in tone?
Do agree its a perfect time to accumulate- I've been averaging down on both heads and options, but obviously a time when all you want to see is some price rises.
The other thing you might know better than me- do BUR have any big targets lined up? I've had a look at their projects but there isn't a huge amount of detail about what they're targeting.
My other Q is that from here, I don't really understand what they're going to do. It sounds like they're going to source a smaller rig(?), and do away with the bigger one(?), and focus on oil re-entry wells for the next few months. Even with the high oil prices, can't help wondering why given how successful their last two gas projects have gone.
marlin 1, page-6
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