GREY:BLKWF - Post by User
Comment by
jts115on Apr 11, 2015 5:33pm
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Post# 23620156
RE:RE:RE:RE:RE:delisting
RE:RE:RE:RE:RE:delistinghttps://documentcentre.eycan.com/Pages/Main.aspx?SID=327
That is the main document page, you can also pay money to see the PACER filings for US Bankruptcy.
From a certain subscription-only website I found that bids for their Mexican operations are due by May 8, also that they have 3/5 rigs in mexico contracted and 0/1 rigs contracted in Texas and probably 0/2 rigs contracted in Libya,
Bids are also due for their directional assets (not a going concern, ie. purely assets) on April 22nd
I own a hefty chunk of the stock, but I think this liquidation will leave us with a decent amount of value, and in the event that Libya comes back online in the next few months, things could look much better