Ann: Alaska Operations Update - Interim Drilling Results, page-9

Time will tell as the drill but things are still alive on this news:
1. We need to objectively test the oil found that is on the lower range of commerciality
2. The drilling continues to the deeper objectives so they are not giving up yet on some encouraging signs

If we hit in the deeper target then the SP on LSE is an absolute steal and if the objective testing proves it up from the lower to middle range++ of commerciality then that will materially change things too.

The game is still on...

I agree with above sentiments - this could have been announced on the ASX today surely!