RE: RE: RE: nothing to say? Good banter from you two, let me jump in if I may...I agree also with the sorry state we're in regarding the dilema faced with reserves vs production.
As mentioned by you two, I also would take production over reserves, they have enough at this moment to last 40 but let's realistically say 25 years, meaning they have lots of time to find more in them dar hills. Someone, a week or so ago, mentioned that Q4 might be down as the rigs are due for major overhauls if that is the case my feelings are that the market is just waiting to beat this thing down again instead of making it a darling.
A wait and see game we're at. Next year ( yeah always that) but next year the psycho number of 20 K bbl/d will be hit and who knows maybe in the 1 st Q then let's see the market try to keep her down.
Just my little opinion. FWIW