Spoke to staff of petsec yesterday just ask him how they were progressing. He just spoke about usa mainly and the bad luck they experienced drilling but he was hopefull of finding more oil then gas. Reading between the lines in yemen doesnt feel good as he said the last oil minister ask for a bribe to get the permits and petsec flattly refused so they go to the end of the line. They had a meeting with a few people in parliment which are pushing for a petsec restart. Fingers crossed
PSA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held