RE: SOUND OIL RNS expected shortly I hear you. What you need to know about POE is that it has been in the doghouse forever and that only recently has it started trading over its cash value and assigning a low value to the Thailand assets. As far as people who really understand the POE valuation, Indonesia is still arguably a completely free option, as is everything else in the company.
With $185-190 million in cash and 1300 bbls/d of oil that's gotta be worth at least $50mm, there is almost nothing priced in to POE for the exploration upside.