For me as an investor - oil itself is not important - the share price appreciation is important. That appreciation comes from the promise of what lies under that area. The 2D seismic preliminary results are showing it.
I hope and expect SP to start going up on Monday morning and also there will be short covering
They will do all detailed study and decide about next well locations and with 2D strong data - they will start partner selection. With high oil prices, they will get better partners and price.
At todays price, the market cap is just $1 B - a good final 2D result and the market cap can easily take it to $5-10 Billion - we can see easily double to triple in near future.
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