RE:RE:RE:RE:RE:RE:Credit bidding and common shareholdersUnfortunately I do not know anyone in this space. I did however speak with Lorance Pasiechnyk last Thursday afternoon. He is the CEO of Simmons Edeco oilfield services. Lorance confirmed at that time that he was working on finalizing a deal for the 2 heli rigs from TID and subsequent to the purchase, the rigs would be moved to PNG.
I was upfront with him, indicating I was a shareholder of TID and was looking to confirm some information I had come across publicly.
This is consistent with the information posted by UptownDog with regards to their contact that was prepping the rigs for deploment to PNG.
I am guessing that was in the works well before last weeks announcement, however before TID filed for Chapter 11. Things may have changed now.
Cheers, JSGT