What's up CM. Thinking same about oil and gas, and oil price seems more likely stuck to down for some time. Even so, with Titan equity distributed pro-rata at 90%, if the BK deal goes through as proposed by Atlas, the percentage of common share ownership of the new company seems will far exceed current low bond valuation as percentage of the proposed equity valuation.
As to your other more complicated ideas, I take it you mean further considerations about Atlas Resources, or you have something else? I'm game to hear if you want to take the time to lay it out.
As to Sandridge, yeah the unsecured bonds seem super cheap by current valuation, and this proposed deal kinda complicated.
Nice lot you have. What is Sandridge's total new equity valuation proposed to be? Having hard time assessing this. When crunched, numbers given do not corrolate with other numbers given, when I read it.
