Happy New Year MF; You might be right about a pull back into the .70's but I have a gut feeling that good news is just around the corner. I am sure the seismic results were very good.

CGX had positive enough information from their 2D to warrant drilling 8 years ago and if anything I think that the recent seismic not only reconfirmed that but may have discovered other targets and or a better drill location, combined with the Repsol/CGX JV seismic they now have a much bigger and better picture of a large section of the sea floor. I would not be suprised to see a trading halt on OYL before the end of the month with Repsol as the JVP.