Support at $8looks and feels like there is a support base level here about $8. I think we'll be bouncing around here $8-9 until we have more news but for now, fairly sideways.
only potential that could drum up a little action would be seismic approval and possible initation of the work. but i dont think that gives us a material move.
that's going to come with inital results from 6-1, detailed core analysis, kerogen conversion, and the big one for me is if they announce that a trap was encountered on the 6-2. it was drilled right near a structural high and if there was oil trapped here, and they say that, coupled with news from 6-2 containing similar structure 16km away. Watch out.