The SP seems to have settled in mid thirties and volume is dropping, the market doesn't seem to know what to make of this play, maybe waiting for news from the company as to the 20 Mil debt, this should break one way or the other.

According to Repsol, Jaguar results may be out May / June which is much earlier than anticipated, so the well should be close to the deep Target, CGX would know if they have encountered any shows or pay, the SP should give an indication of results at Jaguar I am thinking. All just guess work at this time.