Sandune,
I wouldnt guarantee that.
I follow oilers pretty darn closely, and they dont appear to go up just before wells get spudded any more.
Oilex is the poster child - it went down from 27 cents to about 20 cents during the run-up to drilling Connolly.
Innaminka hasnt budged while Crocus is being drilled.
And so on.
Ian Whitchurch