RE:I still think an offer is going to happen sooner than later.
I can't see anyone making an offer on a high cost north sea producer, especially now with wti trading higher than brent. also the only way i see delek taking over is in a bankruptcy situation which won't happen for a least a year. i would take a .65 take over offer right now, lol! nat gas is making a nice move now in north america.
cheers ferret