GREY:WFREF - Post by User
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Reflecton Jun 09, 2015 10:27pm
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Wilwal Wonkey Looney Tunes
Wilwal Wonkey Looney TunesIs this what is happening; a few idiots from Spartan actually believe the strong SPE mgt. team propoganda & that is how SPE came to be. Thomas Budd sold out Renegade & he now sits on the board of SPE. Front four could have stopped this deal but capitulated with Thomas Budd & the TD snoteaters - which now begs the question & it would really be nice to learn the truth. Looking at the LEG & CPG deal & Frontfour's decision to vote no - I wonder were they also dooped in by Thomas Budd & gave up their shares for peanuts in the Renegade Alexander deal & now realize it; & have decided they are not going to be taken in by CEO Yanko of LEG & the TD snoteater group & CPG.
I have never heard SPE mgt. talk so foolishly as to think you can buy 9,000 BOE/d of oil for 200 million dollars. Reality doesn't exist that's why I say Wilwal Wonkey Looney Tunes. But there are those on this blog who got suckered into Spartan with the Nutcase's pumping have & truly no sense of money.
According to O'Connell; Spartan is just looking & not activily seeking new aquisitions & even 200 million dollars sounds like a lot to SPE mgt. Really, what do you expect to get in the oil fields for 200 million dollars. But that's O'Connell's words not SPE mgt. I truly believe SPE mgt. would not be so foolish as to say they could acquire 9,000 BOE/d oil for 200 million.
Man, get a grip Wilwal Wonkey Looney Tunes - you are way out of touch of reality. A LRE takeover will run in the 1.5 to 2 billion dollar range minimum. You can chew on peanuts for 200 million dollars.