HCD 0.00% 0.3¢ hydrocarbon dynamics limited

Utah farmout and upstream update, page-15

  1. 4,679 Posts.
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    I don't believe oil demand will increase every year due to renewables however I do think more money will be invested in extracting the oil left in the existing wells as you posted some time back and less money will be invested in searching for new oil. Also in improving the flow obviously in existing wells so I believe we have a good future, just frustrated at how slow this is moving.

    As for my other shares, mostly I bought in much earlier and am actually still way up on my biggest holding ALC, that has a big future under present circumstances and mainly dropped because of one big fund going to cash. yes the rest of my shares taken a smashing alright. out of OVL since way back and ect is just options which as you say are dead and have been for couple of years already.

    Hopefully some positive movement here soon, being hopeful in current environment!
 
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