RE: RE: RE: RE: RE: RE: RPL's Silence is Deafening puntabeach, good point about Surge Energy. It announced bold new management changes at the top on May 8, 2013 (including the President and CEO and VP of Production - remember, RPL just changed some members of the BOD) and the sale of non-core North Dakota assets for $42M. The stock price jumped over 18% on May 9 from $3.67 to $4.36. Since May 8, Surge held their AGM (May 15) where they held elections for a new BOD who will serve one year (barring any appointments in the interim), settled claims against the company (May 23), and closed the aforementioned non-core asset sale (May 31). It's stock now sits at $5.21. What has RPL announced during this same time period? Well, they announced their Q1 results, confirmed the May 2013 dividend, and told everyone they got a $10M bump to their credit faciliy from $325M to $335M. The diference between the two companies over this time period: Clarity and Action. Erickson and Wylie are still running the show at RPL. Uncertainty and secrecy are killing the share price, and investors can't be blamed for bailing on a stock when they don't know what the plan is or what moves are going to take place in the future. To be fair, there are differences that make RPL's current situation more difficult: Surge did not pay a dividend, so there wasn't a fear that cutting / eliminating a dividend would cause a mass selloff of the stock. North Dakota is a current O&G hotbed, so selling assets Sruge had there may have enabled Surge to get fair market value for them. Conversely, if RPL is only receiving obscenely low offers for it's "non-core" assets (however they define it), I too would be reluctant to sell them (not to mention: the lower the price you get, the less debt you are able to pay off anyway......). There are only two things I like about RPL: their SE Sask assets and their hedging strategy. Bottom Line: I don't mind waiting somewhat longer for RPL's "May 8" moment, but they need to be sure they get it right and do what's best for shareholders. Even if it's unpleasant in the short-term, do what's right and what's best for the shareholders, and tell shareholders as soon as you've made a decision. The entire plan moving forward must be announced all at once, with follow up events also announced promptly (just like Surge). I am impressed by what I've seen so far from new Surge CEO Paul Colborne, but again, I think RPL is in more of a pickle than Surge was before it's big moves.