BKP also doesn't look as weak on the buy-side to me as I recall it looking last night. I may have been too tired to look properly though. If anything the sell side looks a bit spread out and uncertain this morning.
Strong buy-side resistance at 1.6c; anyone hoping for a point lower than that is really dreaming. On the sell-side 2c, 2.2c and 2.4c are stronger than their surrounding levels at 10-12m each, but none of them insurmountable... especially if there are any line-wipes from big players today.
I have a question for anyone that might know a bit more about the oil game. How long does the physical drilling of the horizontal well proposed on EP127 typically take (approximately... I do not expect anyone to guess exactly what only the Canadians can know).
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