mjh9: you've been a shareholder for awhile now, too. Lot 95 is golden. Manolo is adequate as an oil man. I own it because of the NAV on what's likely 120 million barrels is a multiple of the shareprice at $80 long term brent. AND there is atleast another field like this on the lot, not to mention the big one that's just sitting there. Having followed the likes of Parex for decades, I am aware that 3D siesmic is a game changer for the whole Colombia/Peru/Equador area. It is like shooting fish in a barrel for finding traps.
The only downside is Perez, and it is a major major downside. Without these constant stoppages and a real threat of a company ending event, leak in one barge, then a permanent blockade to save the jungle from the evil oil men, an excuse to storm the oil field again, Perez has nothing to lose, everything to gain, and he clearly has the backing of the Loreto governor, another crook. He has to be appeased. It's pennies on the dollar. They could've done it a lot cheaper, and years ago. Yet nothings changed. And it's the only thing keeping us from a major pay day. And it could also lead to big time losses. Athough I have paired back my positiion materially. I assume manolo will get some Lima gov't official or legal rep to make some sort of pronouncement pointing out that Perez and the governor of Loreto is in the wrong. So the hijacking will commense, and then what will chubby manolo do. Nadda.