Gonna miss your posts MM, as I previously mentioned I have sold down but still hold a few, as I find the strategy is only just starting to unfold but it is all about the risk management of your investment. I will reassess after Breeden and Missippian results whether to add more again or even sell out but in this market I am keeping a lot in cash.
The Bakken/Wattenberg is all on track and looking good, if one of the Breeden or Missippian Wells (the second in particular) are proved then it will be game on.
Cashflow is excellent and production is near 1,000BOPD, fundamentals are the best they have been for SEA.
SEA Price at posting:
78.0¢ Sentiment: None Disclosure: Held
