proselenes: trouble with your post is you go on to talk about how promising kracken is. Meanwhile Royston is still in doubt. Talk of it being a hudge pool, and all we know is a well produce 600 or so barrels a day with a high water cut, and that was weeks ago. Seems the outlook is always somewhere-over-the-rainbow, rather than actual production and cashflow.
Remember we heard for months about the poteintial for Royston to be a monster gas well. Now it's never-mind about Royston and it's all about the mythical Kracken. You do realize that if they can ramp up Royston to 5,000 bopd over the next 6-9 months you are talking about a double in shareprice from an intrinsic value, as it would double cashflow from the 100 mmcf of Casca and company gas. And why can't you harness 5000 bopd from what is supposed to be a monster oil field, if they think well one is such a success? If they can't, why would one care at all about Kracken? It seems to be a bait and switch to me.