With Shell committed to the CSEM and the survey completed, I expect to see more movement in the SP and Volume levels again. With a base of 8 cents as a launching point, one would think 10 cents would be a resistance point going into mid June.
My hopes are that Shell will hurry up the data processing and make a decision prior to the end of June.
If that occurs, in that time frame, it would be to begin an earlier drill date.
The SP would be in the 25 - 35 cent range based on Shell taking up the option and scheduling a spud date.
Your guess what 2 weeks into the drill would bring to FAR !!!!!!
june the month of speculation
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