A little perspective, IOC trading in sympathy with IEO last 7 days

[IOCHUHU]

While many IOC investors are solely focused on IOC, the stock does not operate in a vacuum. Over the last 7 days IOC has traded down with the IEO ETF. IEO is the iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund. The Index measures the performance of the oil exploration and production sub-sector of the United States equity market, and includes companies that are engaged in the exploration for and extraction, production, refining, and supply of oil and gas products. 

While we're all a bit impatient for news we've learned that things take longer on PNG.