Dana, production growth a certainty

Bigface,
Barbara imho isn't crucial but could be the icing on the cake.If Barbara is 20 million barrels or more could get above 20p this year.Anyone any thought as to why DTI are saying Dana are operators of Barbara?Dana should now be hedged forward for at least a year on sizeable production(At least 8,000 bopd?) at good prices. May well be they will be able to hedge all! production.
If the majors are as reluctant to touch Russia as some here have suggested where are they going to expand their businesses?. Mauritania must be looking quite near the top of the pack. Oil prices are making any asset aquiring deal look more attractive and even Chaves admitted today that Venezuela will take 45 days to get back to normal production. The opposition say it will take 4 months.
Meanwhile Dana should have banked another £150,000 today and that guesstimated figure should be rising. There's something holding the price at present but when it breaks the next resistance could be substantially higher. imho dyor
bomfin