Lets not forget the value today is totally different to TPT days. One stand out is oil price and global reserves and I believe that's why there is some hesitation around oil stocks at the moment, especially when a barrel is at all time lows.
The good thing IMO is that oil prices will rebound eventually, so if we can set ourselves up with a huge reserve, do all the hard work now and get set up for production, by this time we may have decent oil prices and be in an excellent position......
Some analysts are predicting $85 barrel by the end of this year. I have know idea, just what I have read and seen.......
High risk, but equally high reward from this baseline.................GLA
Today on 88E, page-115
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