M & AWe might be getting all excited about a merger or acquisition when there is non in the works but it doesn't hurt to dream at this point. We all know that at the moment it is the only way we will see a more appropriate valuation for the company in the near future. It also may explain the lack of information on Q1 drilling. Historically the company announces spudding of wells in NR's . If a merger or acquistion was in the works why would they spend money on drilling at this point.
The next two weeks will give us an indication if something is indeed in the works or business as usual.