We don't need rumors, we need facts. Here are some.
The property they are trying to acquire has a proven value of over $500,000,000. And this was in June 2007, when oil was only $75 a barrel. Do the math. At todays prices that works out to over $833,000,000. The company has 50,000,000 shares O/S. Do some more math, and you get a pretty good share valuation.