RE: RE: RE: RE: bencro/fredski OK. you continue to put the slant on things that you want (I only reviewed the salient items of the deal). How many times did you elude to a big jv partner by ... over the past three years. If you know more about this play than the general public you may want to excercise caution. but oh yeah.....it's ok you sit in the grey space.
Bencro......What was that "Dont Sell" i wonder how many people listended to you and had their market value cut in half in the past two weeks.
Whats the stock price telling you fredi/bencro? or will you slant this on general market conditions? I'm not saying moo won't emerge, |'m just telling you the market has priced this at near death and that tells me the foundation here is very very weak.
Even if the cash comes forward I'll bet it just takes this off skid row.
What are gas prices by the way? How many quality gas assets are on the block. How many of these will fetch a buyer unless they also contain conventional oil?