No need for repost, as I am not the guru of the world as none of us are, but yes, take 3 hours of your life before Mid-March because IMHO and only MHO (but I will be right) it is one of three big return sleepers, just resting like the US prior to pearl harbor, the winning officer who was Admiral of the Japanese Navy, he opined, "Yes we won today, but I am afraid we have woken the sleeping dragon 3 of them this spring, sleeping dragons and PED is one, let's just see how this plays out..
Look 12 months pre-covid and know they got a gift from God because they were able to keep it all together and "shut down production" until oil went to $50+.
It is a puzzle yet is an easy one, they have PED stuck at the DMV for a couple weeks more, but, after that new level/leg etc it is inevitable.
Let's just see how this plays out, covid made the brakes go on but in the past 6 months they restarted the engines, revved up and just watch.
You have a great day, just do your own DD look at not the revs, but the BOE BO etc during 2019-2020 just before Covid and see how their growth etc was clicking and now it is clicking again, look at the production numbers out of the fields, they have a history all be it short prior to Covid, that train got slowed/almost halted but now is back running full force just watch.
It isn't the second coming of Christ but on a dip grab a slice, stick it in the sock drawer a cookie jar or a shoe box in the closet, just a piece and watch, do the numbers look at what production is/has been in these fields they all hit, and like the last two new wells and the pairs of wells before than those, all should do the math.
Very nice to meet you by the way, take care, PED is a sleeping giant, Covid games slowed it but luckily no debt, so they just shut it down, now, GAME ON CHECKMATE.
Peace out
So many, well really only three but there are three that all will know.
Watch...................................... and now I am done, and you will not suck me back in here, but, very nice to meet you, all the best.
Peace out.
