If this is correct or even close to the numbers it will make our...

If this is correct or even close to the numbers it will make our drilling in June look very sweet and place a magnificent value on any discovery for TEG and partners.
Timing could be perfecto.
Golly gee as I gazed recently and delved deeply into the eyes of CT and MC and saw little mini oil gushers appearing deep in their eyes, tell you what they are both very pumped now on the oil front because of MIN.

StanChart: Oil Demand Set for All-Time High in May
Mar 20, 2024
- Ukraine's recent attacks on Russian refineries could potentially cut ~350K bbl/day of global petroleum supplies and boost U.S. crude prices by $3/bbl.
- energy markets kicked off the new year with an overly pessimistic view of oil demand
- global demand will hit a new all-time high of 103.01 mb/d in May.

StanChart has predicted that tightening oil markets will continue to power the oil price rally and has reiterated its long-held forecast for Brent to average $94/bbl in Q2-2024.

Crude oil futures have rallied close to a five-month high with concerns about tightening supplies driving up prices in recent days, only coming down to earth on Wednesday and paring some of those gains while awaiting an interest rate signal from the U.S. Federal Reserve.
According to StoneX energy analyst Alex Hodes, Ukraine's recent attacks on Russian refineries could potentially cut ~350K bbl/day of global petroleum supplies and boost U.S. crude prices by $3/bbl.
Analysts at J.P. Morgan estimates that 900K barrels of Russian refinery capacity have gone offline after the attacks, adding a risk premium of $4/bbl to oil prices.
Brent futures have extended their year-to-date gain to nearly $10 per barrel (bbl) to trade at $85.93 at 1145 hrs ET in Wednesday’s session while WTI crude has gained 13.8% YTD to $81.66/bbl.

Also supporting crude prices is stronger-than-expected demand with commodity analysts at Standard Chartered noting that energy markets kicked off the new year with an overly pessimistic view of oil demand.
Following the release of the latest Joint Organisations Data Initiative (JODI) report on Monday, StanChart estimates that January demand clocked in at 100.24 million barrels per day (mb/d), good for a 2.67 mb/d year-over-year increase.
StanChart has predicted that oil markets will continue to be supply-constrained for the better part of the year.
The analysts see limited growth for U.S. crude production, with U.S. supply not likely to move significantly higher than November 2023’s all-time high of 13.319 mb/d. Meanwhile, Russia will continue to struggle to optimize its upstream and downstream oil system, with logistical constraints due to war damage as well as a lack of critical spare parts contributing to a negative outlook for Russian crude and refined products output.