I saw the interview of POE chairman and of course is good news. In the short term, the share price of POE and CVN will spike.
For me, the most important thing is that, overall they good drilling success. NO one has ever had 100%. So, with the many drillings that they will do soon, some will be successful and some will be duds.
poe ceo estimates 13000bopd in 08 , page-3
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