Ann: 10.06.2 CTP and PXA Settle , page-75

It's bizarre that there's no SP action. There are probably only five trading days until O-2 hits the primary target, and we've just had this great announcement about BG getting out of our way.

I find it hard to believe the short term traders aren't looking to take a punt on O-2's success. If nothing else I'd expect the "buy on rumour, sell on fact" brigade to get onboard and see a steady SP rise between now and intersecting the Pioneer.

Perhaps everybody is just too wary of CTP's past dry wells. In that case it's even more important for O-2 to hit gas. Even if it turns out not to be commercial, it could go a long way towards restoring CTP's credibility in the eyes of the market.