The pre-emptive sell off over the last week or so proved that NWE has leaks to some degree. If you watch the market depth this morning, there seems to be some strong accumulation.
Despite the talk of a duster, I think there's a real possibility that they've encountered some oil/gas in the target region. The market hasn't lied yet - and the seller depth is very thin indeed.
market depth = hydrocarbons
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