I'm completely out of DES...for now. Decided to transfer the money into NPE.
DES for me are way over priced currently, with what looks like a succesful Rachel drill already priced in to a degree. I think there's more to lose than gain now in the short term at the current share price.
I'm going to follow the same path as I did with RKH, if there successful then I'll buy. There will still be plenty of upside after they've hit oil, as we've seen with RKH. Plus RKH own 7.5% and ARG will rise off the back of it as well so will help make up some of the potential profit I lose out on by not getting in before results.