Something else to think about: Depending on the outcome of the Reserves Report due out Mid May, does anything think that between this report and HMPG's current Leases in the DFW area, and SE Kansas, this could lead to a bit of bidding war for HMGP?
My opinion is that the bigs are trying to become bigger and if HMGP owns the right acreage, and if the Reserves Report is what management believes it should be, I can see DVN, and XTO breathing down Keith's neck for a price / share. jmvho, but based on what homeowners/HOA's are getting + royalties, it might just be cheaper for a big to acquire HEMI outright.
Thoughts?