There are a few rumours (more than usual) doing the rounds a
There are a few rumours (more than usual) doing the rounds and I get the feeling that the temperature may well be about to rise a few degrees.
Just to clarify my position I think that it might be a good year for companies operating over there but not without the usual problems on the way.
Genel has come back a long way with all the recent worries about not being able to sell the crude that is currently filling the pipeline, as I said on TipTV last week I think that there is still huge upside here and that below 1000p it is a bargain.
As for Gulf Keystone the price stays the same despite plenty of potentially good news on the horizon and I am hearing from a number of sources that a bid might be being warmed up.
Either way the MOL situation interests, as Akri-Bijeel once for sale, now on the back burner could be a key asset in the shake-up
and also my friends at Taqa are on the move.
For Petroceltic it too will be a big year and I know that Hess are optimistic about their prospects.
That just leaves Exxon and Chevron and a few other majors! -
See more at: [url]h
ttp://www.malcysblog.com/2014/02/oil-price-fraccing-bp-kurdistan-caza-finally/#sthash.nF7P2hkd.dpuf[/url]