Ann: Enercom Oil and Gas Conference - Presentation, page-5

The business fundamentals should eventually turn the SP around .
The SP chart of this company reads like a business headed for oblivion .
However unless they are cooking the books at an Enron level , that is clearly not the case .
I have thought several times that the SP has bottomed and been wrong , but maybe this time .

I think you could be right that the domicile thing could be a Red Herring to explain the relative discount of its SP to US based Peers and make US investors aware of the opportunity .
I certainly would not vote for a change of domicile .

Nearly all US oil companies have fallen over the last year and the nonconventional more than most .I think there is a large part of the Market that has made a strategic decision to exit the whole oil sector irrespective of individual company numbers .
The oil sector has become a relatively small part of the US share indexes .