May’s position is currently superior than 2 years ago but lower price.
Irrespective of work to be done they are in a more informed position than previously
but the market says the people are not happy. That’s annoying.
I am predicting a substantial rerate in early 2025 or sooner pending some positive announcements."
... well you may want to look at the share-price ~2 years ago and yes MAY may now have more well-data ...
... but may that DH data so far lead to a 'substantial re-rate in early 2025' ? ... ~250 b/d heavy-crude may say something !
... or doesn't that fit with your maybe fairy tales BBurf ...
... it may all be about the API ...
~250 b/d ? heavy-crude ... door to ~0.010 maybe wide-open ... or, page-10
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