RE: AFE? Nb - I thought about this. BWD capital commitment is 2-3mm on the next well. What's another 10mm shares out for the potential upside? Not much. Especially with much of the science understood and with 3D shot. I think BWD is wisely selling LEGs technical prowess as well as the land position. I have a feeling LEG may not be all to impressed at this juncture with BWD.
More then meets the eye here.