Agree wholeheartedly, this is the best risk.reward I have seen...

Agree wholeheartedly, this is the best risk.reward I have seen in many years. The big nominee group investors will definitely follow normal practice and trade to create as close to free carry position as possible and also sell down before results known to lessen risk and rely on converting options to bring home the money if well(s) successful.
Any experienced 88E investors will know the strategies well by this time. They should, they have over 6 years of bitter experience and the scars to prove it!

I have most of IVZ money invested through one of the largest nominee groups but I kept a significant parcel that I use to trade personally.
That's my gambling money because I will keep it all in there just in case we strike big on one the first two wells.
Bear in mind that huge successful strikes on the first drills are very,very rare these days. The COS chance is much less than a straight red/black roulette spin bet.