RE:RE:Potential SuitorMy dear friend , they sold the producing Turkey shallow assets for excellent cash , but still searching for a JV partner for the Deeps.
Valeura rode to $7 on the Deeps drilling and there is a significant probability that TPAO will be their partner.
If they do, we get to ride the drilling wave to $5 or more.
But they need sustaining production ..whence maybe POE.
Oil prices are collapsing as an IRan deal is very close, which is why it will go back down below $0.50...