ML173, IF the announcements are POSITIVE enough,(ie new Cedar Point wells producing say 2,000 bopd in total, Arck JV, more news from Europe,etc) then the S/P would have no difficulty in rising north of $2.
If I was cynical, I might say that LNC was stage managing the drilling/completion/testing of the Cedar Point wells so that all the good news comes out in the 1st half of November.
brisbane information meeting, page-8
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