Wow, that’s yuge... the upside of sea on the back of +$75Boe, which imo will happen before this Christmas, is really game changing. Pioneer will be kicking themselves for selling by then. Idk why but I’m super bullish on oil right now... at least the MC today reflects the changes inside but not taking much into account the POOright now? Anyways, 6 cents is at least very close to fair value. At like $60 pboe.
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