The latest broker report has SEA as a buy and a target price of around .48c up another .7c from their last recommendation.Their comments on Niobrara are very encouraging, part of what they had to say.
"The Niobrara shale is poised to be the next big oil shale in the US based on recent transactions and well results SEA has an excellent acreage
position which in time could well dwarf its Bakken acreage given its high equity interests of 60-80% in its >18,000 net acre position"
http://www.euroz.com.au/files/research/3025/SEA_RQ_Sep10.pdf
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