hmmmm, didn't PSA say that Vermilion's 2 wells could be worth $1.52 ?? Obviously the market doesn't think so.
Success with the first well should indicate similar with the second but the market is non-plused. Even at 70c + $1.50 should be around $2?
Looks like we have to divide it by 2 and add a -20% negative factor, to get to current levels.
Lets hope the second well will spark interest.
gas prices hold up...., page-2
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