Rather than the price of Global Oil the recent slide in Senex's share price has IMO more to do greatly with lack of positive drilling results. what will have a positive impact on the share price is finding more oil. If Squire 1 is a dud, then so be it. We have a massive area of acreage with 3D seismic on it. We just need more than 3 drilling rigs in my opinion. I know ID mentioned 3 rigs are manageable from an operations and cash flow perspective, but its worse than watching paint dry. Rather than the slow and steady approach which hasn't worked now for 2 years running lets change it up, increase the risk and have a go will you ID. Shareholder are bored to death
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