RE: Calgary Herald I suspect we will see a consolidation of shares followed by a equity offering. I would also imagine that there could be a sale of some of the "non-core" bakken assets. I predict that we could see a $1.50 share price with 45 million shares outstanding and less sections of the bakken. Hopefully any land sales won't take to much off the NAV.
Being in the area they are in and with the recent drilling success from their competitors I hope that there will not be to much trouble in selling off a small piece of their land and we can get this process completed soon so that the focus can shift back to the drilling of the next well(s).
I do agree that the share price will most likely drift down from here as the lack of any news will keep people from wanting to bid up the price.