RE:RE:RE:RE:RE:What may Crew get from their 7 wells at West Septimus?
BeatTheOddsSqua, you make very good points. Since Dale owns so many shares that he purchased at a much higher price, I doubt he would take $0.50 or even $1. Crew is on the right track now if
1-nat gas prices could hold and improve over the years.
2-production could go toward the 28,000 boe/d
3- the lenders are leaving them alone and not forcing them to do things they do not want
Even if the insiders purchased 1 Million shares, the payout on a takeover would be peanuts. If you need 2/3 approval on a takeover, management would have to be onside, because it would be hard to get the votes. I am not worried that Crew will be taken over.