Hey, I'm a young trader and learning the market, particularly with FUT. Just with the most recent news regarding the Atocha Project, the Tuscaloosa Trend was discovered in 1975 by Chevron. It has produced over 2.8 Trillion Cubic Feet (TCF) of natural gas and 120 million barrels of condensate over the past 32 years. Why did they leave after such good return? Even if they do dig deeper, why now, is this just going to be a project that ends with the money pooling and no real comfort for shareholders?
FUT Price at posting:
0.8¢ Sentiment: LT Sell Disclosure: Held