We should see some news in the next few trading days on the Gulf...

We should see some news in the next few trading days on the Gulf deal based on the Investor Presentation.

With a bit of luck there is some more detail on the planned roll out.

Looking at the last few months we need some oil producing moves to help the SP recover and the Gulf deal should set the foundation for this recovery.

I have a good mate that works at Morgan Stanley and their teams have MAD on their watch list waiting for the SP to flip before buying. That seems to be everyone's position at the moment.

IMO the ASX200 exposure will result in a heavy recovery in SP WHEN there are clear signals of increased production.