on second thought PEN may be stuffed. they have serious committments in later years and significant downgrades in production will surely stuff them.
Expect the worst. 50% chance this will never trade again. imo
Their saving grace is Kendrick and all the pounds in the ground. USA is also a land of litigation, they should sue Samuel EPC but I guess they can't afford the extended legal fees
Production downgrades may not be as terrible in which case the worst case scenario won't eventuate
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