With the rain and permitting issues, I'm thinking we may not hear news re Tyler until mid to late June. It's an annoyance, but it's a short term issue.
The positives are that PANR's SP doesn't seem too concerned with the delay, and the Polk drilling continues on in the background.
Macro news;
http://www.forbes.com/sites/timtrea...om-a-big-fall-in-u-s-production/#38c68801796b
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W
US Oil production continues it's fall, with ANZ expecting further deterioration in the coming months.
Cheers!