Not sure how well the spp will pan out, but once oil picks up in general, I think DLS will get more support with its upcoming appraisal/development drilling program, especially being associated with Santos, and having an indirect interest (via BUY) in Magnolia which is about to be drilled shortly.
DLS seems to be one of those pain in the butt stocks, possibly Kelso caused, but still has all the ingredients to hit the jackpot. Cash, cashflow, increasing reserves and income, 51 well program, testing Turtle soon, and who knows Marina may get a shot also.
Mensa.
DLS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
