NOBODY knows how long oil will stay low priced, according to the CEO. But it does not matter in a way. He said it is of great importance to be READY to act when oil goes up again.
Until then: keep your hand on your wallet and keep paying attention.
Their 10 project, which will start midway next year, will double their oil output.
All in all, despite the current oil enviroment they are very optimistic.
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