EGY let me escape when it popped
above $5 to break even back
several weeks ago...
Just read the CC transcripts...
Recent sale was also done without
knowing that a big lifting for 1st
quarter just came in April...
Revenue comes in for 1st quarter
production in the 2nd quarter tally...
That alone may have caused the
daily dip on Thursday...
But folks will get over that...
EGY/TGA combo can't afford debt
like most public companies in oil
sector because of the production
tax structures in Gabon and Egypt...
That is something that has to be
learned after following awhile, Imo...
Guidance on 1st quarter Gabon oil
production looked odd to me for some
reason and no idea why...
CC said synergy savings were likely
to exceed expectations sooner,,,to
close on a positive note...
My bagholding of REI has probably
Far exceeded any shortcomings you
may have in EGY...
Either win, lose, or get rained out...
So we watch...LJ
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