To me this board seems to have a very negative bias:
I suggest you sell up and move on if you dislike the propsects.
If you like the prospects stay with it, stay positive and wait for good news.
The Cambay reserves (although stated as contingent reserves) are obviously producable reserves because of the very respectable flowing wellhead pressure and reasonable to good flow rates for a tight reservoir with a short lateral. Add the fact that the y zone is a sizeable resource (well delineated by 3D seismic), and capable of being exploited by maybe a hundred wells, then add the additional deeper unexplored horizons, and we have a valuable asset.
Of course these facts will not be accepted by the serial derampers they will be described as irrelevant.
OEX Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held