Canning Basin

What is going on? Has lots of oil or gas been discovered that the market does not know of?

OBL has been going berserk and BRU has gone up by 35% since I bought on 9/3/12. OBL has been good to me just recently only. It has been falling since I first bought in Oct 2010 at 4.2c. When it fell, I bought more the following month at 3.2c. Then it dropped to 3c in May 2011 so I bought more. And in Sept 2011, I topped up, with greatly misplaced faith at 2.5c. I must be the ultimate contrarian. It went down further to 2c in Dec 2011. My wife must think I am the absolute idiotic buyer.

Today, OBL closed at 8.2c, rising due to the same reason why I bought into it in the first place.