RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DudesThanks for your posts regarding the progress on the approvals process for the Pioneer Pipeline sale. This has been a very long wait for the deal to get completed. With luck we should hear in the next week to 10 days that the sale is completed/paid for. Once the cash arrives I assume the first order of business is to repay the expensive ATB 2nd Lien financing with its escalating interest rate. I hope there will be some other debt restructuring as well, including a renegotiated line of credit on better terms, given the improved balance sheet.
Then it is back to growth projects. The Q2 report and conference call should be very interesting.