Hi Mineralfan; IMO this play is still the same, just because Repsol didn't hit doesn't mean there's no oil under OYL's PPL just means we have to wait longer for this stock to start to move, I am half expecting a trading halt any day for an NR regarding a JV although since Repsol didn't hit CGX won't get as good a deal as they would have JMO. I sure could use some good news, between minning juniors and oil exploration plays I have been taking a sound beating latley. All the best to you.