EKA eureka energy limited

should walk away from turkey

  1. 37,286 Posts.
    lightbulb Created with Sketch. 401
    hi guys

    IMO EKA should walk away from Turkey and just chalk it down to a bad decision.

    thus far Turkey results have been pretty average, i can't see it improving anytime soon.

    even if it does improve slighty, any flow rates they achieve will be ordinary because of the heavy oil.

    the best thing they could do would be look for a J.V in the States. plenty of low risk prospects available in the U.S

    regards
 
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