XCD are going to dust off the data room and start up the farm out process. How do I know? Because unlike others I can actually read and digest written material such as the following from our CEO in todays announcement: “This is yet another excellent exploration result from this season’s drilling campaign that validates our strategy of pursuing the Nanushuk play in the NPR-A. The unfortunate onset of the COVID-19 pandemic led to Conoco Phillips cutting short its North Slope exploration and development drilling program including on the Harpoon Prospect, but encountering hydrocarbons in the topsets at Harpoon-2 (only well of three planned to be drilled on the Harpoon Prospect this season) clearly provides us with necessary encouragement to reinitiate our farmout campaign.” REINITIATE OUR FARMOUT CAMPAIGN for those who cannot read whats in front of their noses!!!
XCD Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
