Ann: Alaska Operations Update - Interim Drilling Results, page-30

A bet on Winx the Champion will be at Odds On , COS very high .
This drill was a Wildcat with the chance of failure much higher than the COS .

However the Return vs Risk ratio was outstanding .
I don't think that Management can be criticised for punting on this potentially Company making opportunity .
Sure they hyped up expectations but it is their job to fill the coffers when the opportunities arrive , they should have just raised a bit more .

Still drilling so there is still some hope that the well could be viable .
Nothing unexpected has happened so far .