Actually, a combination of factors for OEL's rise yesterday. In order of magnitude, imo
1.88E sp going ballistic on drilling results from their well adjacent to OEL's Alaska permit.
2.Daily Reckoning Tipsheet spruiking OEL
3. Cash balance of 4cps
4. Rig mobilized for GOM drilling
Btw, has anyone on this forum signed up for BYE's SPP ?