RE:RE:RE:RE:RE:RE:shamboner, you are an idiot....LOLyes but shale is here to stay and as prices go higher the wells and new produciton will come back.
through a process called capitalism the best shale plays will end up with the strongest companies and they will be able to drill when it's profitbale to do so.
but yes in the interum, again though a process called capitalism, over leveraged shale companies will do whatever they have to do to survive, raise equity, raise debt if it's an option, sell asets, sell midstream if they own some but eventully the best will get the best but that might take anoher 12-24 months to work it's way through the system.
MEG will continue to lower costs, but I suspect the reason for a slower sale process is exactly as I have pointed out, selling your cost saving assets to reduce debt but increase costs in a low price environment doesn't really make sense.
by selling the company to a stronger integrated company, MEG shareholders will benefit when prices rise be it in 6 months or 18 months, but they will get support on the downside by owning upstream assets.
I think .2 to .25 of an IMO share is more than reasonable as a long term investment.
but again I'm just guessing so DYODD