They also mentioned financing the purchase of more land by issuing equity. That may have something to do with the decline in the share price, not sure.
It is trading so far below book value one would think that at some point the true value has to be realized, and when it does the stock is an easy double. After all oil and NG are real assets and I don't see supply increasing or demand easing up anytime soon.
Dunno, maybe I'm just talking myself into buying more.