No liklihood of any break out yet as except for one 75k buy rest are all small or even very small trades. Institutions needed but not very likely until after holidays and details of southern basin. Patience still needed !!
Supposed to be Q3 2014, hopefully with independent CPR, so any time til end of Sept. While the northern basin is already clear cut from both DES and PMO the southern basin press release will almost certainly need to have approval from Noble prior to any RNS etc. This will inevitably lead to a delay, hence the Q3 marker. We can all watch for any hints via Noble also.
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