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Stark150

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SP

posted on Jan 31, 2011 09:49AM

The sp is performing well given the 'dry hole' news from Murphy.

Imho, it was all emotion selling given that to MANY informed investor's it didnt really mean to much. As i have said, i believe that Murphy is on the shoreline of our ocean of oil ! Sully even stated that Murphy is 300km's away and that our target is right on the bullseye.

Given the general trending of rising oil prices, given that Murphy may hit on 1 of their wells, given that we are drilling 5 wells this year and hopefully hitting on 1 or more, our sp could be in for a nice ride !