RE: oznerdOr maybe CVU management just realizes that now isn't the best time to add to their position in a gas producer, since gas production is near worthless and their year over year oil production has actually decreased.
Cashflow from gas production is only useful if they can use it to crank up their oil production, and so far they haven't really been able to do that from what I've seen. CVU's WI in their oil wells has been pretty low I think. They've failed to really crank out much oil for themselves. For your sake I hope their next few quarters improve. They can't survive on gas forever when gas is so cheap.
I'd rather stick with Exall because we already know that they're producing nearly 1500 boepd oil weighted production right now, and we know that they're still on target to double it. Insiders here are buying because they know that if we can hit those targets then a 200-300 million market cap isn't out of the question. They're confident enough that they want to add to their bets. I like that. Doesn't mean it'll happen exactly, but if we get close enough we're still going to make a fortune here.