hey nlr sorry to maybe junk up the board but this stuff applies to hyx too.
some recent transactions have set the price for everything now on a generic basis.no one is going to get more than 10-15% premium on what they have unless they're "special"
tons of variables to deal with for each guy out there plus market and world events too.
gassers with their own facilities and oilers that follow through with the plan will come out on top this year. reality is sinking in re spreads in oil price and liquids are only as good as your buyer.
scs (imo)is way overpriced,hence why no buyer.this is all over in the patch-mel,wfe,arw,cll,etc.arn gets a repreive if they can justify the cap-ex.
they all pout because they think they're worth more but really,are they?for sure pgf wants garrington-do they want the rest?is hyx ready to get out so quick?
if hyx puts up the oil and no debt or bother-they will do just fine and be gone come july.
momo can work my friend but both ways.
and this from a guy who owns t.ee.
p.s.-might be time to watch 3 martini a little closer.options were close to $2 so i think pp somewhere around $1.60?my cuz tells me they get good support locally but money wise tapped out,locals too so money from somewhere else.
p.p.s.-the pout will come with sgy too-keep an exit.my thoughts only.
to coin a phrase-live long and prosper.