Looking at the 5yr the move up is literally just a matter of time. The near term activity and F.A support this. Oil looks to be correcting in the short term before retesting $70 / Barrel.
Cup and handle played out over 5 years. Looks pretty good to me. Has been sitting unloved for 12 months time to wake up and shake off some cobwebs with a new farm-out partner and a full schedule that could unlock billions in value, wet weather could put a dampner on things and its always a gamble with oil and gas.
$BRU #oil #gas
Cup and handle played out over 5 years. Looks pretty good to me. Has been sitting unloved for 12 months time to wake up and shake off some cobwebs with a new farm-out partner and a full schedule that could unlock billions in value, wet weather could put a dampner on things and its always a gamble with oil and gas.
$BRU #oil #gas