The ultimate leverage stock. I get the impression that the pressure keeps building (and will go even higher when Matuku starts drilling in 6 weeks time).
OMV and NZO are so confident that they are already planning Matuku 2 and have booked a drill slot only 3 months after 1.
Any discovery will be tied back to existing facilities and with 60m+ bbls of oil on offer, it will be a hugely profitable result if all goes to plan.
In the meantime, we get to see what happens with Palta and Winchester. The market is definately in a sad place, OXX should be +40c IMO. Good luck to holders, hold tight, don't sell. I can assure you Albers won't be.
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interest, interesting !, page-6
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