Found my way to BPH because I was researching oil stocks and...

Found my way to BPH because I was researching oil stocks and then saw BUY's Advent / PEP11 project.

This recent oil price drop is capitulation and the Saudis and Russians are just posturing before a deal.
Oil at $15/bl will ruin many countries balances sheets and create wars. There will be negotiations very soon.
Why over produce when you can mediate and get it back to a healthy $50-60 or higher
The oil price has rallied 50% in the last week alone.
I went incredibly leveraged long CTX, STO,WOR and couple others last week This will be resolved and oil will be above $40/bl in the next 2 weeks.

Had a good read of their projects over the weekend. BUY have 15% in the well by the looks, BPH has 23% in the holding company with additional wells.
It states they have 4.7TCF of gas at a 50% confidence level. Given how close it is to the mainland and the size of the potential resource this is quite remarkable. How is this only a $3M market cap. I only bought a small amount as I am still trying to work out why this is so cheap.