RE: new poster
Your numbers are optimistic for the 1st phase. I think the 1st phase will be used as a pilot and is not intended to be the money maker. The money, if successful,l will be made in the later phases of the project as part of the multi-staged expansions. According to OPTI, the lands will support approx. 430,000 bbl/d (150,000 bbl/d to OPTI).
Looking further into future stages and assuming that they are successfull. A good case scenario will be as follows:
100,000 bbl/d x $40 (this is a reasonable number if we assume they are successful and oil stay at around $80/bbl) x 365 = $1.46 billion/year.
These are better case scenarios and if they are successful. There is money to be made if things go as planned.
There seems to be late day buying....possilbly short coverings.