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DocLevi

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DocLevi

Re: crossbow post# 206

Tuesday, 10/21/2014 3:12:45 PM

Tuesday, October 21, 2014 3:12:45 PM

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When I was looking at this company early this morning that's the conclusion I came to, that he appears to be fishing for a flip/buyout... since no production in filings and CEO big landman and prime acerage (easier to just sell it than develop it - I couldn't see a landman be an operator but plans for drilling I thought I skimmed so maybe he plans on milking the cow for years first then sell, probably not with uncertain oil prices so I figured once oil prices stabilized then got in the 90's maybe someone would be willing to buyout the company)...
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