Monday, March 13, 2006 6:30:04 PM
In a way, it might explain some of the low volume pull back. To me, it always seems that there are some trades advancing the news from BM's stories. It might be people that work at Upstream Online or their family and friends but I think there was some front running on the "delay" article. I've got a strong suspicion that tomorrow may go more in the lines of what Meridian is suggesting which is PSC's for both blocks 3 & 4. It would now make sense that the pleasant surprise would be conoil being bumped and the JDA going forward with the remaining players.
As for fun name suggestions:
I just about fell off my chair when I read Meridian Oil (good one, Meridian)
We may want a more business like name...
KMA Oil or (Kiss my Arse Oil)
or MONGO Energy.
Tomorrow looks to be more than interesting once again....
GLTA,
Strategyone
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