I am inclined to go along with JRSlim, above, ie someone needed...

I am inclined to go along with JRSlim, above, ie someone needed the money urgently (not a large sum and the buyers were there), and could sell, possibly only losing brokerage.

Simplest explanation sometimes best.

But for my peace of mind, is it possible that there are oil shows and yet the interval is depleted from a production perspective. eg poor seal, lesser dip etc? Which insiders might have known from logs? I don't wish to add to speculation, but would be interested to hear from those with a better knowledge of this than I.

Also 100' to 140' oil so far, was possibly anticipated by many, so maybe this was built into the price, hence the apparent inertia.

Be interested to hear comments, either here or from the Co..

Also interested to get more details on the "drillers reward" theory, on the other thread. I may be naive, but I have never heard of this previously