To summarise so far it appears the peace talks are progressing as well as can be expected. A framework has been established and the various items are now being discussed. The fact everyone has been at the negotiating table for this long bodes well for a positve outcome. There does seem to be a strong consensus to stop hostilities.
While the talks have been ongoing coalition forces have struck hard on Al Qaida taking advantage of the ceasefire to reclaim areas taken by terroists. This is evidently ongoing. Coalition forces are to head in a westerly direction which ought to be good for PSA in that it may cause shut in roads to be reopened near our producing field. This would allow tanker transport to export terminals to the south if the Marib pipeline remains out of commission.
It is still very early days but things are going well to date.
PSA Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
