There'll be a news release later today. That's definite, though it's anybody's guess what will be in it.

It's also pretty clear that there's been a lot of short selling on this stock - probably illegal dealing. Junior oil stocks are a favourite target of such activity, especially ones with a lot of shares outstanding. A good strike and a consequent hike in the share price will put a stop to all that.

So we should take no notice of the ups and downs of the share price, nor let ourselves be scared into selling out cheaply. That is just playing into their hands.

Regards

Dunnock