Reversing NicelyWell seems there is some smart money stepping in here after doing some DD I assume. Panic sellers have left the scene and those that see this as a 2500 BPD play are accumulating. That is in the short term, the land package could increase that number substantially after more drilling.
They will get financing easily and when that is announced this jumps up again. I know if I was a oil tycoon I would throw some large coin down here. Not many oil plays trading at this level have this potential especially ones with proven models, little risk which is key.