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Re: Ed Ajootian post# 5494

Friday, 04/22/2011 1:14:39 PM

Friday, April 22, 2011 1:14:39 PM

Post# of 7618
Good information Ed. Thanks for sharing. You are spot on with regard to op vs. non-op. Concho, MarBob, Mewbourne, Cimmarex have been great operators for Pure for a number of years.
There is substantial interest in XBOR's story right now. I doubt there will be any problem finding capital but at what price is the unknown. At one time Pure held one of if not the largest non-op acreage position in the Permian. The nature of the leases (non maintenence) is unheard of these days. Great assets...just need capital. It's out there.
I missed the webcast. Is there a replay available anywhere?