the news they are talking about is an announcment of a commencement of exploratory drilling,perhaps in conjunction with a new partner.....I have heard shell has aquired offshore blocks close to these areas and people were speculating shell could be a partner but it is pure speculation at this point....also,from what I read earlier the commencement of exploratory drilling or announcement of such was expected in january.....I bought this on two points:..its Lundin affiliation and the news a prme like Shell feels comfortable enough with this area (or desperate enough?) to drill offshore