Wednesday, May 30, 2018

Bought Offshore oil companies

Over the past few days, I bought a small amount of US-listed offshore oil companies.  Rig holders, OSVs and drilling.  Around 2.5% of my portfolio.  I believe that, barring a recession, both shallow and deep water exploration and development will return over the next few years.


I finished buying the day before the market dived on Italy worries. We'll see how it goes.

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