RE:RE:RE:RE:RE:Kelt's Oak Dilemma (amateur hour)I am here to make money, and i really don't care what other people say that much.
Look at Sundance owned by ARX, they spent like 100 million dollars to increase dry gas capacity/electrify plant/ on a postage stamp play that was suppose to have the best economics on the planet is now shut in.
So i only believe in common sense, all Crews assets are NOW in maintenance and TOU is not piling a lot of new cash into them, so how does that top management team feel about sitting on their hands until TOU gets around to provide them some capital? (A few years from now)
Crew when through a process and TOU was the highest bidder with a stock deal.
I think that the there is a lot of liquids rich gas production out there, and the richer the better generally speaking.
Its all about quick return on capital, so that the risk can be managed.
MHP
IMHO