market not liking timor sea block

The market is not liking this new announcement down again on an up day for oil. It will be an exciting few months ahead with the drill bit if all goes to plan we should be drilling in 07/03 sometime november and in this new block nov/dec then come jan/feb we have the taranaki exploration on near tui prospects. The sp is going down on low volume though i guess most people are on the sidelines waiting for news out on the pppv farmin.