Sherritt “Oil” Speculation the sequel -Australian oil company Melbana, announced that they maybe drill for oil in block 9, in Cuba
-My interpretation of what I read is that Sherritt may have some involvement in the project
-I think Sherritt will push forward their heavy oil up grading technology and prove operational via pilot plant. If successful I think the long vision goal is utilize the technology in Cuba and Other counties.
I know block 10 was not successful but let’s not discount future opportunities. Every opportunity has a risk factor. If the company plays it safe all the time, growth will be alway small. Got to have some reasonable bets on the table.