Considering the hammering the oil price and markets in general have taken recently we should probably be thankful PVD seems to have found support at 50 cents. I had been trading a few of the previous rallies for a quick 10% return. I decided not to try my luck again this lastest FAR inspired rally as I'd hate to bail at 55 cents and have them announce a good **on farm out.
Hopefully we can get some indication this week or in the quarterly as to where negotiations are at with **on.
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