RE:RE:RE:Posters wantedOldnagger, you are right. There is very little to say other than sharing articles. If Crew says something, then we can react and discuss. Dale seemed to indicate that the refinancing of their long term debt will happen next year. I am not sure what kind of interest rates they could get.
Oldnagger wrote: For longer term investors Crew is number 1 due to its huge reserves. For the short term NVA is investing in growing its production with an over 300% rate of return on new drilling. Crew is now focussing on paying down debt for a 6.5% return. Crew really needs to focus on extending their debt with long term notes, then get on with drilling which they can support for at least the next year with high priced hedges.
They might already be planning this, but if so they haven't said so. Till they come out with something, I expect this board to be very quiet, That would be a great loss IMHO !!