SURGE Not buyiing LEG or anyone else
Surge has no money - the have some balance sheet issues as well which the current management team is partially addressing by paying down debt over the next 6 months (as opposed to drilling more than necessary in the low price environment).
LEG should be minizing all drilling as well until the market corrects. Save the good plays for the good times Drill only what is necessary.
Fire Management and sell the company (virtually no hedges after all they said a few years ago about needing to hedge more and they will) - CPG is a likely buyer, not Surge.