PG1 0.00% 16.0¢ pearl global limited

Crude Oil Rebounds CTR Next

  1. 4,254 Posts.
    lightbulb Created with Sketch. 103
    Well the inevitable has started to happen, perfect timing for us to get back on track, a lot of rigs shut down in USA, plans scaled back by majors and the Saudis have weathered the storm and sent a strong message.

    @ $80 US which is where it will settle according to a top Texas Oil Executive I recently had a drink with, we are very much viable.

    Points to note:

    Commercial Oil in Atzam 5.

    Commercial Oil in ATZAM 4 that will be turned up after head maintenance.

    Commercial Oil in Tortugas re entries.

    LAR farm in always going to happen, get it done with incentive and get on with it.

    Texas well could surprise.

    And lastly if we go private there biggest nightmare will have just began.
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