"HNR, a partner, only down 2.66% DNX markdown 9% ( larger percentage of the field)
yet HNR issued the more negative drilling report."
HNR report has integrity. DANA report hasn't. I expect the market will take exception to that.
"Faucon therefore provides enormous encouragement for the additional
prospects in Block 1, such as Petrel ..."
Faucon was chosen ahead of Petrel as a less risky project on the basis of electro-magnetic surveys. There was sweet fa in the main target area of Faucon. Where do you think that leaves Petrel?