Annual meeting tidbitsJust to follow up on these vaulable posts, I noted earlier that I attended the annual meeting.
There, when discussing strategy, the first alternative they mentioned was the possibility to partner with or buy or somehow link with other mid-stream facilities. They let on nothing about who, where, how or how much it would cost or be paid for. They did say mid-stream is a good business. They did not say a much about bringing back into production their existing shut in or underperforming wells. They did discuss the the availability of jack up drilling rigs in the region. The very last thing they talked about was an outright sale, and it seemed clear they had not discussed that much or decided on a price, although $2 was briefly mentioned in passing.