BP dealAll I know is if BP gives SDX the kind of deal they gave Serica Energy in Nov/Dec last year, and we have the same kind of 200% jump 10 months later, I'll be a happy camper.
Check it out if you are interested:
https://www.google.ca/search?rlz=1C1SQJL_enCA790CA791&q=LON:SQZ Click on '1 year' on the chart to see the leap it took.
I had started loading up on SDX just before the halt because I was expecting the new cashflow by year end to have re-rated the stock about 40-50% higher by mid-January. If the deal turns out to be 'Serica level' good, then we might be up even more when the deal closes.
However, if nothing happens and a deal with BP can't be reached, at least we will have been halted while Brent was jumping maybe $10/bbl. When the halt lifts, we should still open substantially higher. Brent might even be over $90/bbl when the halt finally lifts.