Oriental Petroleum

By hottips of www.financemanila.net

just want to borrow sir igme's post on OV thread.. since applicable din naman for OPM (local consortium ng Galoc Production Company)..

Quote:
igme5

PostPosted: Fri May 29, 2009 10:06 am Post subject:

....

Anyway the latest word I got here was that the Galoc consortium has already paid up to 70% of the capital costs (drilling) and the remainder of 30% is expected to be fully
paid by July. In other words, by July each member of the consortium will now be earning real income into their coffers. It might be worthwhile to consider positioning now rather than later, especially if you have the feel that crude oil price would continue its upward movement.


with oil prices rising, and the local partners be receiving actual cashflow in the next few liftings... hindi malayo na dito dudumog mga late comers in the next few months... huwag muna kayo bili ngayon para masaya pag nagkastampede ulit!
tapos sisihan na naman na kesyo hype etc etc, diba?