I am thinking, "have a little confidence that this North Sea deal will get done." After all, they said on the CC that they have complied with everything required to close the transaction and are just needing to get the okay from other partners as required by UK law, cumbersome as that may be. So, I expect the odds are good that it gets done and within the next few weeks. There should be a price pop with the new production onboard.
Good luck, longs.
Ok I think you are right, heck if the technical guys think you are right
BUT I did a little research the company worth comes out to under $15 per boe that isn't bad
AND END North Sea wells last longer than frac wells in the USA
AND END won't have problems with product take away the way some American producers are having.
AND I hope you are right the cmpany's long term plan seems ok