jocam,
Thanks for another great post. Super summary about my favorite sector. I learned heaps about MD today which consolidates the little I have learned the hard way.
Here's a hypothetical for you: A company farms-out a significant prospect. Is there going to much MD effect or should one wait for the well spud. I'm thinking AYO of course, the Chairman announced that they hoped Whicher Range 5 would be farmed out by January and that they would have to spud by June or July.
I hold AYO
Regards,
opt
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