RE:Remember $4.00 offer is Pro rated.Yes, most of the shares will not be purchased. Approx. 23.4% of the tendered shares will be purchased, as per the company info released Feb 3. Sold some above $4.00, tendered some and will still have some to watch and see. Will redeploy profits into another oil company in the near future as I believe oil will stabilize and make money for companies that have low costs.