WDS have funded the development of the Sangomar Oil field and it is very close to first sales. The cash flow from this development should, IMHO, give WDS significant ability and expertise to develop a substantial discovery at Saturn, should it happen. My fear is that they might decide to buy the GALP percentage of already discovered Oil ... takes the risk out of the exercise and we might be left scrambling to get a suitable replacement major.
PCL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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