So if one or both the GOM wells came in the SP would be...

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    So if one or both the GOM wells came in the SP would be significantly higher than now so you would then equate that with doing a good job ?
    However the decisions to get to that result would have been the same .
    You cannot equate the outcomes of the Roulette Wheel that is oil exploration with good or bad management .

    The drills failed but the company is still solvent .
    It is fully funded for its next two exploration wells and is about to return significant capital to shareholders .
    They appear to me to be doing all they can to create value for their shareholders .
    I think they have done a good job without much luck .
 
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