RE:CEOI agree with this Not2Smart.... Surely even if drilling were to begin this late in the year (which makes no sense when the season is so short) prospecting lesser understood tracts of the property would not be how the CEOs time is best spent.
Preparing for the drilling activities, including further surveying the planned locations, analyzing drill patterns etc would all be both time consuming and necessary. I'm at peace with the idea that drilling is not happening because it isn't needed, and as Dam$, fatlas and others have suggested - it's because a deal is already in the offing.