Share Price VolitilityCNE will be a highly volitle stock as long as they news release every single well. This panders to short term traders who speculate on the timing of the news releases. As a medium term investor, I would rather see production updates c/w operations results. I would be okay with a separate news release for high impact exploration wells like Palmer. The "exploration" wells in LLA23 since Leono are actually more appraisal wells. There is almost no chance of missing all five reservoirs. If Pointer or Tigro hit higher than 2500 bopd, that would be material, but if they are in the usual 800 to 1800 bopd range, than that is just an expected result.
Finally, some update on whether Pantro is on production and what is happening with Mono Arana Liasma would also be very welcomed.