At first glance the Lamprell figures for last year are in line with lower expectations but there is a profit warning in there. ‘Lower recent order intake means that revenues for 2013 and 2014 are expected to be lower’.
I am going to the meeting now and will tweet anything that comes from it with full report tomorrow.
Caza has announced the results of the initial test on the Marathon Road Property. The horizontal Bone Spring test is very positive particularly as it is the first well on the 600 acre unit. 2,361 barrels of oil equivalent were produced on the 21st March which bodes well. You know how cheap I think this stock is, just time before it is recognised.
Off to Lamprell, TipTV and plenty more including a meeting with Caza later after they have done the Oil Barrel.
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