I heard it that Sherrit had 7 rigs operating in Cuba and AP didn’t discount a similar number on block. 9. Not sure but that’s as I heard. As I say these 2 wells have a great deal hanging on them. If Mx can deliver then a avalanche of 3D and drilling is on the cards, funded by production. Time will tell, meantime I expect the SP will continue to retract. If the rig doesn’t mobilise in March, it will really test depths.
MAY Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
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