You guys want the truth? Everybody, top to bottom, in the majors in Baytown and throughout Texas, are all well aware of the new feasibility of old fields and the massive quantities that still remain around Kilgore and areas like it. Billion of dollars worth of drilling expenses have been invested in the Woodbine fields and they are ripe for not only further production but further drilling with prepared infrastructure and advanced technology.
A bunch of traders are letting this one slide and it definitely has interest from the bigs in oil and petrochemicals. They are going to get bitch-slapped by news and earnings figures one of these days and this will not just be a runner, it will just suddenly be worth 100's of times more.