Nice summary Loblaw, i put in only money i could afford to lose almost 2 yrs ago when the story seemed compelling. After the 2 dry holes in what should be their best seismic mapped prospects, it does not warrant further money, at least not from me, until they prove they can find some hydrocarbons.
Buying their own rig seems to be a wasted effort too, maybe they think they got better odds of making revenue off of becoming a drilling contractor than finding commercial o or g ???