frank makes no sense. People want oil, they don't want uneconomical projects. If the well is as good as you say, given it's suppose to be high risk, high reward. If you gambled 500 million in high risk exploration, one would think at the very least a 5 to one payback. So where is the 2.5 billion jump in market cap. Where is the 35 dollar share price. Why is it if the well is a sucess we won;t even see a recoup of the 500 mill they risked. Wha's that? 17 dollar share price.
Thats just to get back to break even, not to mention the opportunity costs from focusing that cash on onshore wells that would've been flowing oil for years now,