now opening club sugarkane, page-28

I'm guessing that the reason for no movement is, even though we all firmly believe (as do Hilcorp) of this plays huge potential with now IMHO relatively small risk, that the market is looking at the JV's as only really having one well that is partly flowing (even though it has put out very good flow rates). IMO the market still thinks there is more risk then reward in this play, and we will have to wait for at least Weston to flow to see any decent upward movement. IMO the market is completely wrong though. Good luck all