Another rip- lion roaring success for the blog.
As foretold here Xcite energy are well on the way to 200p, having hit 195p on news of a 113ft oil column some 40 feet bigger than first thought and with the Board. Good news < An upside structure is present in the eastern half of the reservoir, significantly increasing the volume of oil in place.
(“Just how many times can the Blog keep getting it right?” I hear you say.)
What that should tell oil watchers may become increasingly apparent as the commerciality of BENTLEY seems to me to be a foregone conclusion.
There success is almost certain.
Well done to all those who hold and are currently on track to another oil bonanza!
NB Expect upgrades on Broker targets today.