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xdjmand1

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xdjmand1

Re: Ed Dantes post# 1991

Saturday, 10/22/2016 11:53:57 AM

Saturday, October 22, 2016 11:53:57 AM

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In all probability Debtors will be given enough extensions of exclusivity to propose a plan.
Highest value of the Estate in Debtors POR will include proforma financials prepared by Lazard and for that reason I think it is premature to write off keeping the company intact, recapitalizing and developing the Midland.
It will not take much of a rosy oil forecast for that to override the UCC's objection to developing the Midland.
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