Yes I thought it was good, particularly interested in the detail of the new Project Leonis tenement claims won at auction - so close to the Prudhoe Bay field and with historic pay. That should rerate when it is absorbed by investors.
But the breaking news from Pantheon is what I was waiting for to hit the button on a double up.
Pantheon Chief Exec. Jay Cheatham said today -
“It is clear we have confirmed a huge hydrocarbon system at Alkaid; our job now is to optimize drilling and completions to maximise the potential commerciality of Alkaid ......"
Buffett once said "An opportunity is not a missed opportunity unless it was obvious at the time" - well folks IMO this opportunity is now obvious.
Being oil it is far from certain but if you don't have a position now you will soon miss the opportunity.
GL take care.
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