This persistent low oil price has drained me. Whatever happened to Peak Oil?
I think we are on a winner here. Freeport need to clear the decks.
PVD have an opportunity to benefit, although one must wonder what would happen if the free carried well was completed and discovered oil. Really, a payout is the second best result but we will take what we can in this market.
Cheers,
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This persistent low oil price has drained me. Whatever happened...
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