RE:RE:50,000 per flowing barrel 1condor wrote: If I were holding BTE I would not be happy investor. They were doing a good job at getting a handle on their debt then out of the blue the company does an aquisition and dumps a new pile of steaming debt onto the pile. Based just on this alone I suspect we will see a shift out of BTE into other oil and gas plays. I do not hold BTE and just recently purchased TVE at 4.10.
I would like it better if it was all cash deal, share dilution can be far more costly in the long run