IMO, my take is that current trend will continue until we get definite announcement that Alameda upper sheet, or perhaps Zapato is going into production. Zapato spudding announcement will drive SP higher but only to a certain point.
High pressures that have prevented Alameda and Marti from being put into production are not bad problem to have but require different approach and solution to extract black gold.
Day traders are taking full advantage of the situation and will not stop until production is announced and oil starts flowing.
DYOR
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IMO, my take is that current trend will continue until we get...
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