Ann: Exoma Completes Katherine West-1 Oil Explora, page-10

re: Ann: Exoma Completes Katherine West-1 Oil... -This type of business activity is all about discovery and is speculative.
-It is a numbers game and that is why there is a program to drill numerous sites.
-Drilling to a plan crystallises / confirms the projections based on past information available from this site/region.
-This latest drill site is simply part of this.
-Yes a discovery of significance would be like a lotto ticket win, and fantastic for the shareholders but this was never expected by the company from this drill hole, rather further conformation of their projections (& in this case as expected results).
-This latest result continues contribute to the vital info required by the drill program.

I do not see anything negative to drive the price lower, but if you have purchased this company as a speculative opportunity then the entry price is very attractive.