Matrixx Resource Holdings, Inc.(fka MXXH)

[Cardinal Relentless]

That's a reasonable speculation, Brad; the most likely reason they're all "going to the well on Friday" is to hear from the operator how much good money after bad they're going to have to throw on this to try to save it and how soon the AFE cash calls are going to start coming for said money.

So, the critical issue for Matrixx is do they have - or can they raise quickly enough - the cash to meet those AFE cash calls? If they can't, game over, at least in Clovelly. Their W.I. will be ceded according to the terms of the Operating Agreement.