Ann: 2P oil reserves upgraded by 4.5 mmbbls to 13.3 mmbbls, page-16

If anyone is looking for value play, sxy is it. The bearish trend can't continue when the fundamentals are stacking up like this. Long term from here you can only win, why the sp is where it is pure sentiment, people, senex is getting on with it for now, but it will have to rerate. I have been in and out of this stock a few times only because of frustration with sp. it is getting quite compelling now the market cannot ignore this forever, it's just a matter of when, not if.