So the so-called 'overhang' has gone…….and I see that Singaporean Republic Investment Company has now nearly 20% of Elk….another believer ?
Grieve oilfield could be fully charged in eight months ? whether that happens or not remains to be seen, but if it does Elk will be a cash cow, 4000 barrels per day if forecasts prove correct……have been waiting a long time ….the re-rate is fast approaching as sure as night follows day!…..all in my opinion.
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