C.rapster, puddles aren't economic, but oil lakes are. This JV...

C.rapster, puddles aren't economic, but oil lakes are. This JV has 3 rigs drilling now. They are there because they are justifiably more than earning their keep.

Santos are not amateurs and DLS are making
over a $ million a month and increasing revenue and reserves from their share of the JV. If I had puddles like that I would be wrapped.
Trading volumes are very low considering approx 400 million shares. So one trade of 20,000 from an impatient minnow pushes it to 14.5. All companies are blessed with small fry traders trying to get rich in a day. Many are bound to get deluded by a new oil well or two each week. A duster does not reduce oil reserves. A cased well is progressive.