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Alias Born | 02/28/2006 |
Tuesday, February 25, 2020 11:38:11 AM
Oil needs to be found. No matter how good the outlook.
Look at eco atlantic in Guyana, where Tullow and Total are partners.
They found heavy oil… now it's commerciality needs to be checked.
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/020320-tullow-partners-to-assess-future-of-guyanas-heavy-oil-block
This is still oil exploration, therefore your assumptions are incorrect.
And I don't rule out that a lot HAVE bought, when it still was possible… right on.
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