if Panny is producing in q1-16, watch out PMT will double PMT will go to 0.10 no problem, this is new technology for oil extraction at very reasonable costs.
this property and a full blown commercial project can support a 10,000 bpd development and once oil prices rcecover, it's a great opportunity for future oil produciton without harmful emmissions.
we will find out real soon if panny pilot is a gem or a piece of coal and nobody wants coal these days.
GLTA