RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The company needs to do a 1for3 reverse split some like JOY see gold in those old properties with high abandonment liabilities . They see there is still a lot of oil in the ground ( no exploration costs required) . They plan to extract more oil using water flood and they weigh the reward against the cost to buy and address the liabilities. Where able they will use existing bore holes.