Recently I caught up with Chris Oil, we discussed his theory on the Falkland Islands offshore exploration campaign due to commence this year. Chris makes a fair point that historically the oil price was not in the best order when previous significant discoveries were recorded. As the sea lion news previously surfaced the OP was $40 however this did not extinguish extensive rises in the associated companies share price, so by virtue what’s changed?
Chris and I shared a short frank discussion on Rockhopper and Falkland Oil & Gas however positive news and sentiment should be reflective to all down in the South Atlantic.