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snowcrow

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snowcrow

Re: localoil post# 4297

Thursday, 03/22/2007 6:49:49 PM

Thursday, March 22, 2007 6:49:49 PM

Post# of 45178

"I don't think anybody would buy BD without an audit. Definitely, IMO, noone in their area. A Sheriff's Sale might clean it up but not too sure about the extent it would wipe out the ORRI's that are biting into net revenue."

If BD is seriously looking for a buy-out, my guess is that an '06 audit may in fact be done. Because you are right, just can't sell the company without one.
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