FAR 1.06% 46.5¢ far limited

Guys, COP is an oil company. If it plans to stop exploration...

  1. kkw
    7,238 Posts.
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    Guys,

    COP is an oil company. If it plans to stop exploration altogether by selling potential leases and discoveries including Senegal, which is probably the least likely one, then what have they got left for such a big oil company??

    You can say all the profitable production assets. My question will be then without being able to replace those reserves, how long would you last as a company? An oil company with no oil!

    Makes more sense to concentrate on the easier hunting grounds....Senegal.

    KKW
 
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