Worthington Energy, Inc. (fka WGASQ)

[molecularcd]

Crazy as it seems, I'm not yet completely prepared to discount the idea that this sell off amounts to Ironridge manipulating the market. "To what end" (if that is the case) is TBD. It could very well be that the CD holders have simply gotten the best of Mason. Perhaps VM179 would have simply been too profitable for anyone with the means to take it from WGAS to allow WGAS to have it. Say VM is capable of producing 2500 bopd. It's not inconceivable that bankrupting/crippling WGAS for x-million bucks, someone could end up with a lease producing $92m in annual gross revenue. Domestic oil's about to boom for a variety of reasons, and this is a cutthroat industry.

Wild speculation, yes, but what really is there left for us?