Hi Phil,
I don't think that was the reason the SP climbed to 37c, more that the market had a settled period, and POO climbed sharply.
I said it at the time, and I think I was right. If that bloody drill bit didn't get jammed, we would have reached the 15k bopd target!
Pretty average ann, but I'm not sure how far we will drop today - sentiment is good and the market as a whole is still holding up. As such I think there are a lot of people on the sidelines waiting to pounce - which makes me think a fall into the 20's wont happen today.
Good luck with your re-entry!
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