TheBullEconomist, you read the Press Release wrong;
The entire Permian Basin has $2 Trillion in oil. The Gulf Jensen Prospect has been passed around through several companies nad never produced one drop of oil for any of them.
This isn't correct! How do you come to a $1-2 value based on revenue? This is called pumping and why many are and have left the board due to this nonsense. Talk about company revenues due to production.