re: news from the field Even if Magnolia is dud, this company has 10% of TP!5P which should see onshore drilling early next year - 10MMBL find would do wonders for their cash flow, easily hooked up to nearby facilites.
Then there's a 2.5% overriding royalty in Puffin development, and exploration drilling.
YOU'd have to be bonkers to sell this one just now