Ann: Quarterly Activities & Cashflow Report, page-25

I wouldnt expect these two possible announcements to do a great deal for the SP e other than stabilise it around 3c maybe to 3.5
The future looks largely ok to me with the exception of Kito although at only something like a 16% Cos its a pity to possibly miss a free hit at it but mostly likely theres nothing there.
We have oil at SM71 and the potential to quite likely double that to over 4m barrels.
Bivouac Peak is high Cos..
We have a 1.5 billion barrel find 5 ks from our territory in Alaska that almost certainly extends into our territory and we get all the infra structure benefits from that.
We have 88e drilling a couple of Ks from our territory ,success for them is again almost certainly success for us.In a month or two that result will be known.
Not bagging 88e here but they have nothing else...no other discovery about to start producing...and have approx 4.5 billion shares compared to OELs 1.1b...they dont have 1.5 b barrel discovery on their doorstep although hopefuly about to prove up their own and in turn prove up some of that for OEL.I think OELs SP is cheap compared to 88e and would expect some rotation out of 88e into OEL if Icewine comes up trumps and the SP takes off.
The only worry for me is how they deal with the perceived cash flow issues invisaged Im guessing in about 6 months..