RE:For completeness re Sold Out.Wow, chill out there. Fact is they had some cash that they were going to waste on the useless shallow assets and the stock was going nowhere. The shallow assets have been useless for years, just generating enough money to pay the bills but not the shareholders.
The deep assets are a bust and no money should go there unless information changes, the deep gas is to complex and they should not even be mentioning the deep reserves as they do not actually have anything producable there.
Now they will have 60 cents a share in cash and in a market where oil and gas properties are selling cheap, they may be able to actually find something worthwhile. I just bough some shares after have sold way back when at much higher prices.