knoc dd signing sends price back above 5, page-9

The ship doesn't leak anymore, the weak hand directors have gradually been flushed out, and they stated 45 days DD, so I would say you are correct in regards to an announcement, also as the management stated.
$10 million is alot to us but nothing to a national oil company, especialy when Conoco derisked the seismic for them, and even confirmed with a few drills. Kind of them really.