RE:SPwell im in long...i believe oil is turning the corner and 2014 will be a stronger year for the sector...i have several oil plays i like that are outperforming such as GTE BKX BNK SU etc.. and while this one has underperformed i believe its also got a much more appetizing valuation...there is alot of value in LEG and i think going forward this one will eventually get much more love from the market...i suspect we will shortly resume our march upwards...
you cant beat the bang for the buck here and market is starting to realize it...great light oil play...cheers in the new year all...
Ontario Dave