Hey Corp,
How is the bus trip? Any plans on coming back this way or are you returning to the UK? Just back from Bhutan trekking....awesome. Dom Republic this Thursday with family.
Re OEL, I am disappointed as I thought if they were to sell the lot they may have achieved more but that is me being greedy. Mid/ North Galoc is unknown and would require capital. Agree that Galoc was not going to hot a home run an, like you, I am in for multiples. The timeframe for 1 well at SC55 by December '14 looks too tight to me so not sure how that will shake out. Would need to have rig sorted I would have thought....have they penciled one in?
Elephant hunting in Africa is all well and good but OEL will burn all its cash on a duster (assuming SC55 was drilled) and will be coming to shareholders for capital.
On a risk/ reward basis I am not totally convinced but a find in one of the two would be a game changer.....
Keep up the good work.
cheers
Gaz