wti to strong at moment - i think the laggards will have some catch up. Looks like one of the big boys has either finished their selling / buying program for the time being.
if we can break 8 in days ahead then would not be surprised to see a nice run - as always MMP will note that if SEA details how their drilling program is progressing and if on target and can reconfirm or confirm a 12month sales & ebitda number which can alleviate immedite cashburn concerns then we should get our jump.
My thought all along was 7.2 then get up to 10 b4 moving fwd when one can see how they re executing against plan.
but for today wld be happy with 7.4
SEA Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
