Strip out the value of the holding in ARW and AMU is dirt cheap....

Strip out the value of the holding in ARW and AMU is dirt cheap. Extensive drilling programme for the rest of 2006 in dirt that they know well and have a high ( 50%+) success ratio. Great gas hedge at $8 min for next 2 years. Stock has rebounded well the last few days, selloff was a great opportunity which I took advantage of at $1.08 and $1.00 to double my position. Lovely close tonight at $1.125 ... oil looks good and might hit $80 during hurricane season. Great low risk exposure to the O&G sector.