I think we can assume that the announcement will be good. With circa $300.000 still left in the tank, this means a cr would be required within 6 months. However as has been said on this forum that a cr is not on neils radar, it is a given that a deal has been done. LNG is the most logical suitor as they already own 7.5% of the coy.
We know Backreef has oil it is just a matter of how much. We just need to wait this one out. More upside than down!!!!
lng qtrly out today, page-22
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