Omg, drilling is a service to make a well for oil production company. The only risk to oil drilling is oil production cut their capital expenditure after the oil price plunges, if cut capex, oil drilling stop, velesto impact alot, but if oil price up, a good news to velesto to make more well, production cut is nothing to do with velesto, more drilling as long as high capex to prepare for more earning or production for future. U go check drilling stock and oil price, highly related.

Look like u have problem in reading skill, current prospect was written before quarter report, and the brent oil at the moment they typed was below 30usd, so they made the justification about oil company reduced capex was indeed correct, but now is 42usd, bro, u google search brent oil, still below 30usd?

And lower demand on oil justification was based on march look april or april look beginning of may, but now economy opening most countries, even u also pump more petrol now. The ink is dry, the past is already written.

What's the Brent oil price doing with velesto? (Yes, indeed impact velesto, oil up, oil company increase capex for drilling job, good impact to velesto) .It's production cut which means velesto also get less job from Petronas. (Production cut impact alot to oil production company, only bad impact on drilling like velesto if oil production company reduce capex), this is what i want to say u dont know this field.

Don't compare US oil counter, they are not restricted with opec regulation. US oil rigs from 300 down to 200++ recently. WTI crude price increase to 39. Of course they starting to drill more from now on.

Yes, but their oil price wti up, same as brent oil up. I want to bring it up a point, oil up, capex up, drilling up. Thats all.