FEC has spent half their current market cap on these two wells. In other words they could've instead bought back half their stock, which would double the cashflow eps and NAV per share---in short, double the share price. And for what kind of return. If the well isn't a complete dud like the last one, (which was a dud despite the two hundred posts on the CGX claiming otherwise) then what? Claims of this many feet of pay here and there--big woop. No one will coming running and they won't be able to pawn it off for the half billion that went into it. That's if it is somewhat successful. Face it, no one wants to spend hundreds and hundreds of milllions for oil that might come onsteam 3-5 years down the road, if they are lucky. And FEC better not spend another cent on this disaster. And don't get me started on those CGX t-urds. What are they thinking? They couldn't even afford to finance an eighteen yearold chevy, let alone take part in any kind of development.