IPM incremental petroleum limited

califonia rig secured, page-4

  1. entropylord
    14,185 Posts.
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    09/07/08
    20:42
    Post #: 3970677
    Stezz,

    What's your take on Selmo production? I am inclined to think that the gains from the last campaign were very modest, and that they have decided to have a thorough rethink on how to squeeze the reservoir, that USR is not the way to go. Or is it perhaps they see quicker rewards focussing cash and skills on Edirne and the USA?

    Liked the revenue/cost estimate for the June Quarter anyway, and the upbeat talk about the USA.

    EL

    IPM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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