BG, unfortuniately no, just what I have picked up over the years following oil stocks, PC43 seems to have deeper knowledge in this area.
An interesting observation about Arc, of the 20 oil stocks I track, exluding WPL, they have risen 30% on average since early March. Arc has increased 33% over this period. No premium is yet evident for the takeover or current exploration program.
I agree with the last poster, the exploration program to date vindicates the quality of the chosen prospects, 2 gas discoveries and 2 possible oil strikes. Nothing sensational yet but that could change at any moment.
a sniff of oil and gas at al magrabah, page-6
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