Let me add one more thing, Joe.
Kansas has become a HOTBED! for O&G leases, almost to the extent of 'war'. Big companies and small alike, are vying for EVERY last lease that has potential. Make no mistake about this.
No one in Kansas is 'tipping their hand' any more than they ABSOLUTELY HAVE TO!!!
This includes Hemi Energy Group.
While Keith has a responsibility to shareholders, at the same time, he has an even greater responsibility to perform as a savvy manager of the company, and to ultimately achieve what it is that shareholders want: a stock that pays phenomenal returns. He can't easily do that if he gives in to every whim of the shareholders, and maybe even in some cases, ANY whims of the shareholders.
Kinda hard to 'clue everyone in' when you're forced to be tight-lipped about things like aggressive lease acquisition programs, don't ya think?
If Keith has to remain low-key about where he's acquiring these leases (people tend to watch what/where the 4th generation oil-patch guys are buying), people would not understand why the o/s may be growing...don't ya think?
I have heard from various sources that the HMGP leased acreage has grown considerably, over and above what we 'know', but also, so has the o/s. Duhhh!!!
Those who prefer to be accurate in their terminology would call the increases in the o/s as 'Asset-Acquiring Dilution'.
Given the hotbed that Kansas is, the library of records that Keith has publicly stated (and now has alerted the masses of), the size of position (for argument's sake) we 'believe' he has, and the current price oil (hint: it's not $17 bbl anymore), one has ask:
"Are you feeling lucky"?
Go ahead. Make my day! Sell. If you can't see the forest past the trees, if you can't see past the edges of your noses, or if you can't read the writing on the wall, then go ahead and sell. No skin off my back.