Spudding the first well in three years at the moment. JV partner who is free carry then is US Oil Giant Apache.
Upside targets are huge: $2-$3+
Prob of sucess given by company around 25%.
Mkt giving prob of sucess at current, due to global mrkt conditions, 3% (or so).
Huge opportunity exists for huge returns.
Apache are a global leader - a terrific JV partner.
Spudding the first well in three years at the moment. JV partner...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)