OPL and LPL are just about to in the next 2 to 4 weeks embark on a drilling program in California on the Forbes Project.
My understanding is that so far success has been pretty good there so I think there is a fairly strong probability that they will get some success out of these next wells they are drilling.
If there is success I would expect OPL which has been languishing in the 50's to push up to the 80's or 90's again. I would also expect LPL to probably push through the 60's, and if the results are good OPL might decide they want full control of the Forbes Project and decide they want to take out LPL.
Anyway only my opinion but I still believe that the project is very good and both LPL and OPL will benefit from it.
MC
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