CE1 0.00% 13.0¢ calima energy limited

Focus is totally on Montney, completely ignore the African O&G...

  1. 7,977 Posts.
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    Focus is totally on Montney, completely ignore the African O&G interests, just an interesting point that we do have a stake in the Namibia play and a CEO (Stein) deeply experienced in the region, something new investors to CE1 may not know. Once the Montney play is monetised investors may decide to help develop Africa, but this is a late 2019 story at the earliest

    Oil price again on the move higher. It feels like O&G plays have had a bit of a breather generally , but the story of $100 oil looks on track for mine, I'm expecting our sector to go bid again shortly.

    A seller through Morgan Stanley seems to have finished had been capping us the last week in light trading.
 
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