TA is getting pretty sp is sitting on 50sma @ .33 on a weekly chart..if we can get out to the downtrend band, it will be a reversal. Atrush-3 spudding any time this March might get us out to that band..
The Atrush-3 appraisal well is expected to spud during March 2013. The well is located approximately 5km east of the Atrush-2 well. The drilling rig will be moved from the Atrush-1 well site to the Atrush-3 location. The Atrush-3 well is an important stepout from the previous two Atrush wells. In particular, the well is targeting the Oil Water Contact / Free Water Level in the reservoir section.
https://www.theglobeandmail.com/globe-investor/news-sources/?date=+20130315&archive=ccnm&slug=201303150860336001