I personally remain a bit dubious. The new acreage seems a long way off still. Will be pretty aggressive timeline and luck in terms of coals. They will need some significant drilling campaigns to pull off FID in 3 years for 4 million boe per annum production facilities across 2 new fields to come close commissioning and ramping up facilities to required production.
seems like a perfect run is required, also not to mention geopolitical bs and commodity price sagas
SXY Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held