Now lower than before the so say discovery. The market has priced this in as a duster together with a further write down for the overrun of drilling costs. No news is taken as bad news in oil exploration so the company needs to keep investors better informed if delays, problems and failures
Wow. The market sure doesn't like this share. With a maiden divi, new discovery about to be tested and positive budget changes, I find it hard to see why the drop is so severe even with the global softening of oil prices.