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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by HossBenderon Aug 03, 2014 8:05pm
312 Views
Post# 22806461

RE:Exxon article

RE:Exxon articleLooking at the article the only positive or (new) point I see is the highlighted part. I have posted the previous sentences to give it context.  "One complication in securing the ‘green light’ for drilling is the necessity to conduct open public consultation relating to potential environmental impacts – as is standard in European and other markets. Such a process is not currently possible given the precautionary restrictions on public gatherings due to Ebola. However, it is understood that the authorities will officially waive this requirement, which could expedite plans."  https://www.proactiveinvestors.co.uk/companies/news/70840/exxons-liberia-well-could-spud-in-autumn-70840.html

- apparently it is so well understood that the author did not feel the need to cite a source?

Looking at the remainder of the publication it contains nothing in regards to a confirmed drill date and is peppered with what are increasingly becoming my least favourite words (could, would and possible). I do think it is important to point out that Canadian Overseas Petroleum is listed as a UK Sponsor company on the Proactive investors website.
www.proactiveinvestors.co.uk/companies/sponsors/united_kingdom/letter:c
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