Wonder if the company would admit they are for sale?Oil is 110 a barell. You would think every rig on the planet would be working. Im thinking these guys are making a deal and you wont ever know until its over. They have no control with the balance sheet as f--ed up as it is. Like I said and few before me, makes no dif if Ut is 99%. Still cant pay down debt. they are broke..
M@P converted warrrents , so whats next? I see a deal back with
M@P. Be good to have some direct oil exposer. Walter wont discount Heli rigs to sell. Accounts R still out. No cash in the hopper. Not a lot of up-side, not really undervaled--atleast the market says its not---. So many shares out and now they want to raise more cash, issue more stock. .5 looking good