Interesting article especially the sections ‘Three Reasons Why The Oil Market Has An Investable Future’ and ‘Shallow Water Drillers In The Sweet Spot’.
It’s definitely an article with a positive outlook for Shallow Water drilling going forward.
I did feel the GSPE squeeze on January 26th, so to speak, and it was gratifying to finally witness Gulfslope investors realizing a lovely Return On Investment even though it was a little short-lived in my opinion.