It all depends on what they say in their quarterly report,...

It all depends on what they say in their quarterly report, whether the SP will continue to appreciate.
They need some excitement to generate buying interest, such as a new oil drilling programme in the Cooper.
They have done stuff all drilling in the Cooper basin since the oil price crashed, so I would expect an imminent restart to oil exploration. As I recall , at it's peak oil production was 1.3million barrels a year, now down to .75 million. They have a low breakeven point for oil at around $25 -$$30 barrell so the economics are compelling at the current oil price.

The gas business is the long term driver of the SP, however the capex is enormous, before you can get it on the balance sheet. They might make a bid for Blue energy which has extensive csg reserves in the Bowen basin .