Focus on LFD
LFD is my Kurdistan vehicle for wealth creation. I decided to concentrate on LFD because of the enormous potential it has (for insight on the key benefits of investing in LFD, see my previous posts).
One key advantage we've failed to mention that has very intrinsic value is what they call: "Lessons Learned"
There is no question that LFD management having seen all the obstacles faced by other juniors in drilling in KRG must have learned tons of lessons that would be helpful to LFD as they start concluding their drilling plan.
One reason I love this play and decided to offload my WZR and VST and focus on it now is that their target resource is shallow and mainly oil! The historical well data provides a very good reference values for seismic interpretation and drilling!
It is only a fool who can't differentiate between low risk and high risk asset. LFD's Chia Surkh field is a low risk asset!