apart from the shareprice, there's a lot to be happy about. I think the last announcement contained 2 major pieces of information critical to NWE. Firstly, that NE reserves have not been compromised, and if fact, have been confirmed. Secondly (and everyone seems to have missed this) Puffin 10 in SW encountered oil in a new sand and may have increased reseves by 10-30 million barrels in addition to those already stated. i'm in two minds here - caught between being a bit grumpy with overall market conditions and actually wanting the price to come down some more. AED seemingly are hell bent on getting as many production wells in as possible in a hurry....stay tuned for a joint venture of takeover of AED. it makes complete sense. Even if that doesn't eventuate, with most analysts predicting oil to continue upwards - delays might actually be profitable?
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