HZN 2.63% 19.5¢ horizon oil limited

Is Minister Pok doing this purely because Stanley has been left...

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  1. 6,083 Posts.
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    Is Minister Pok doing this purely because Stanley has been left uncommercialised for too long?
    Or is he doing it because he knows that commercialisation is close and he is using the delay to try to grab the spoils?
    Looks to me from the announcements from Horizon on the rapid progress they are making that it's the latter.

    And also:
    Natural gas prices skyrocketed this week, shooting above $4.80 per MMBtu on Wednesday, a price last seen during the polar vortex of 2014.
    Low gas inventories are leaving the market on edge, and volatility has roared back to the market. In this column only a week ago, I marveled at prices soaring to $3.50/MMBtu, which marked a 15 percent increase over the prior two months. However, in the last seven days, prices are up a further 30 percent.

    Oilprice.com
 
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