This is the classic "one bird in the hand is better than two birds in the bush."

This is just my opinion here but think about this:

This property is "hot" real-estate.  Take the for sure "bird" now or see what the market bears.  They brought in a 2nd rig, got a crew from Mongolia to run it.  Now got a 3rd rig on site trying to find another crew to run that one too.  Why the haste?  OFFERS on the table.  Lets find out what we have so we don't give it away.  They are moving "heaven and earth" to see what they got so they do not make a mistake (give it away).  

Shareholder value, never loose sight of the fact that "they have alot more shares at stake than I/we have".  Sweat equity as well.  What have I done some dd, what have they done, they put their money heart and sole in this, loads of time and research, alot of it on their own time.  Right from staking a claim to where they are today.

If I put this much time/energy into something "I will be damned sure I will not be giving it away"!!!

Great job management!!

Whatever you think is good enough for me!!

BBOB