re: info for the faithful only - baraka for xmagx
I've been thinking about Baraka and will be sitting on the side lines just watching. It takes a brave team to start up a new oil and gas company from scratch these days, what with the percentage of experts telling us that
That our oil reserves have peaked.
That we're running out of oil.
Don't bother looking for any more oil, there isn't any.
Don't listen to the pessimistic experts there's plenty of oil, go ahead and drill
Companies selling out their share/s to other companies to survive.
Etc, etc.
No doubts the Baraka team have done their homework thoroughly and may/will be relying on a big brother if a JV group is established. The Barka team can't afford one or more dusters in the initial drills, we all remember Courbine. To those who do enter into Baraka Long Termers Club, good luck.
HDR Price at posting:
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