been reading a bit about the bio-degradation in the upper Jurassic in the juby cap, the general consensus is that it's a localised issue, (even though only 2 wells for control)
Also to note that the upper Jurassic heavy oil, may have well been light oil, as Genel thinks it contains 15-20% light oil.
anyway thought id share it, also a little bit on how favourable the terms are for any find. a 100mbl find in Morocco has comparable NPV to a 200mbl find in Nigeria (just about double)
JKA Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held