Pacific Exploration & Production Considered Six Buyouts !!! From the WSJ on Mar. 17, 2016
https://www.wsj.com/articles/pacific-exploration-production-considering-six-buyout-offers-1458169354
1. EIG
2. Catalyst
3.....................? (GranTierra) possible
4......................? WHO ?
5.......................? WHO ?
6.........................? WHO ?
I highly doubt that only 2 corporations have approached them with a restructuring plan. And of course the one that has to be considered the most is that benefits Management. It might be stated that they might be entitled later on based on performance ;)))))) in a form of a BONUS !!!! Lovely !!!