A little while ago, either on this forum or on the MEL forum, there was some talk about reserves upgrades and the fact that 3P cannot become 2P without there being a market to sell into.
If this is the case, isn't a scheme such as this, and the JV with TRU the perfect avenue to say that there is a market. No MOU, no GSA required. Someone wants the gas, and lots of it, so upgrade the maximum amount of 3P into 2P.
I am a newbie, so definitely do not understand. Please help!
ESG Price at posting:
85.0¢ Sentiment: LT Buy Disclosure: Held
