Symbo17 Apr 2013 21:29
Symbo, we're in a period of no news hence the low share price. However, its far from sh!t or bust, there will be lots of news over the next 12months, Rig Signing, Unitisation Agreement, Farm-out / Takeover?? RKH will be drilling in 2014, as will DES on the back of this. DES / RKH / PMO have shared acreage and DES will be party to negotiations, they cannot be excluded, the PMO / RKH field development plan cannot be approved without them. I'm not convinced by any of the Noble rumours etc, heard it all before but expect DES next year to be multiples of where it is today. No jam tomorrow, but for those buying and holding now, next year should be very interesting. GL