The Transocean Prospect is due in mid Dec to complete the Rochelle development bringing on first production in Jan..currently the rig is finishing up a exploration well for NEXEN our largest partner in Rochelle which is good because they have an economic interest in getting us the rig on time.
We have one more infill well at alba coming online in q4, last one ip'd at 10k oil a day
NG current strip makes Marcellus shale 30k acres profitable, 2 wells awaiting completion
10 days left on closing the rest of North Sea Assets adding 2500-3000 bo/per day
by mar 2013 generating 400million in ebitda or over 7.50 a share in free cash flow even at 2 x that a $15 stock price on very stable, low maint. cap( less then 50 million a year), low decline production...they can reduce debt or buy more producing assets...plus upside to rising US NG prices and Heath oil shale