unfortunately erh is not alone in not being loved at the moment, the junior oil sector, is down by half, doesn't matter how good there prospects are. Waiting for a re rating on the sector as a whole.
Looks like oil will flow from the top section, and the rate should be more than the middle interval. All in all a positive announcement. Unfortunately the only way to make people get up and notice is to deliver a big production rate, (even if the reserve is small). We have the reverse, bigger reserve, slower recovery rates. Much prefer a bigger pool of oil for the longer term
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