Nice price action on a down day, page-16

I am not as keen as you but the balance sheet does look nasty, they want to get that tidied up and I am sitting out until they do.
The price of oil has recovered and WOR shareprice with it, I am still preferring STO as I think that WOR needs a higher oil price (i.e. US $80 +) for those contracts to stop declining and start picking up.
At that sort of price I think the US shale oilers are in their element and can increase production dramatically. What they do is agricultural, surely not the high tech capital intensive stuff WOR deals in.