Takeover Bid Is it plausible that the RECO team is reluctant to release any results (perm., porosity, flow rates, etc.) due to potential takeover bids?
The majors must be watching this now. Once there is confirmation of major O&G one of these majors will want to swoop in and grab this company as cheapily as possible. This could be the source of some of these hit pieces keeping the price down.