The country risk is very high but interesting to hear the discussion on today's call. The new MENA CEO has a long history in the region and is very bullish on the Yemen prospect. Looks like PSA have over 60% of a field wth proven reserves of 20 mil barrels and they are very confident, based on nearby producing fields, that that will grow to over 100 mil barrels. It's a long (very) shot but if it can fall into place and the region settles down it will be huge.
PSA Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
