Will be very interesting how the markets and all the oil stocks react today. You are right - they have that Caspian but has to be approved yet in December the 12th. So far they are mainly US producer. Here is the link. http://finance.yahoo.com/news/pacific-energy-development-provides-kazakhstan-133000569.html if the seller doesnt come today we should be fine. But anyway weak can take it down below .56 http://stockcharts.com/h-sc/ui?s=PED&p=D&b=5&g=0&id=p17851747087