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8,188 Posts.
131
27/04/06
10:29
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stuart is going to crack the $2
Boring as this company seems to be, it is getting to the oil and its getting it out.
Stuart is now developing the Padulla structure with around mmbo in place. They hope to get at least 1 mmbo out of it and hopefully more.
They keep drilling and keep adding to production and gearing now towards the 1 million barrels for the next 12 months.
Only 2 more months to go and they will be totally unhedged.
Boring company but they make the most of what they have and the market likes it.
jojo
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