RE:debt covenantsIf they breach the debt covenants the only immediate repercussion is they cannot borrow any more so its really a non issue. And in reality the lenders will end up waiving the covenant requirements in short term increments (i.e. couple months at a time) until oil prices recover. Bottom line is they want to see BTE survive and prosper LT to get their coupons paid and initial investments back. Asset fire sales will not do that. GL Zoo