Seems the early Jan spud is a new target. If it hits oil, it may prove up another years drillin'.
That is a good thing.
The talk here of new posters, seems one of these posters warnin' of newbies (pumpers or bashers|) is himself a newbie. If that ain't a hoot, boarder? lol.
Anyway, as the share price is up a decent 50% lately, they should be looking to open up a new area. The higher price gives them an opportunity to do an accretive buy. I will offer up a potential target. EE.
Yes, ee. Light oil, 90% oil. Conventional high perm. target. Seismically driven. Cheap. EE needs financing and is target rich. SOG will have up to $100 mill of available funding over '13 (cash flow and debt) That is a whack of cash when so many juniors are simply tapped out. Time to strike, imo.