Don't vote for Cation BoD nomineesJust look at their past experience with Renegade in 2013. That was a disaster. Nominated to the BoD in March 2013 and stock drops 50% (when WTI hedge = $96/bbl) then they cut the dividend from 20 to 10%. Frontfour defines asset value at $1.50 - $3.50 and your 2 Cation nominees did a deal in early 2014 at $1.50. Guess how much they took away - its not peanuts. These Cation guys are worse than the worst.
Spartan ended up with the assets and then SPE's share price dropped from $12 SP to today with another 50% drop.
I agree, some new life on the BoD is required but these guys are uglier than the current BoD. Cation is in it for another big payoff and don't give a darn about the shareholders.
Don't throw rocks when you live in a glass house.