I very much doubt that higher oil prices can do anything for the shares in the long run, although a rapid rise could easily double the current share price, if not better, temporarily. Experience tells me that Orlando will be smaller, more difficult and more expensive than we are being told. Maybe management's forecast will be borne out, maybe they're even being too pessimistic, but that's not the way it usually works.
However............... R&O is the wild card that can blow all this away. The time I'd buy the shares is if/when the JV partner decides to drill....