Ann: Investor Presentation March 2014 , page-10

Delays in drilling and hence a delay in returns have created a sharp fall in this stock.
Drilling commencement proposed vs. actual real time is over one year from PVD initial suggested time frame.
Price will go up as other wells (held by world major players) in close proximity are successful, but not today or this month.
Then our turn to achieve in first half of 2015 and second half of 2015.
Majors drilling next to us and with expected wins set pvd in a great position. Share Price will increase by adjacent proximity and glowing results.
Believe share price will increase as sites next door from major players drilling sooner will have very positive results and have a positive impact on PVD share price. SP will move up!
I anticipate late in 2014. As positive results come from adjoining drilling.
I am not a financial advisor DYOR.
Have a great day.