The longer term large but higher risk opportunities are the Repsol Horeshoe discovery next to our leases and the leases adjoining 88e.
From a base revenue perspective while the above play out SM71 is going to be a very useful support strut.
I like the long term opportunities a lot and am surprised we haven't seen some accumulation going on yet. Maybe waiting for 88e's hole but I thought the Horseshoe announcement was significant enough.
OEL Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
