But saying that, the way the results of SE-2 during the TPD takeover mislead a lot of people (myself included). Colby's leadership did not help the situation.
I don't believe what STX are saying about Ocean Hill, and if it were such an easy repeat of Walyering there would be more cards on the table about it by now. The cash from Walyering has kept STX in the game, rather than easy takeover pickings, so if Ocean Hill was so similar of a project to develop it would be getting priority.
There is gas (and cash) in the ground at Ocean Hill, not sure what the hold up is.
STX Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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