It is important to note that the divergence between actual export growth and export order growth has become increasingly evident in recent months.
We believe the company's share price is likely to consolidate near present levels as it absorbs its recent aggressive evaluation rating.
At $41.29 per proven barrel and $111 per 1,000 barrels a day production, the price more than doubles recent deals. Clearly this is a strategic move.
After the recent share price weakness we see an attractive entry opportunity now.