There's folks buying, you know it and I know it. You also have a shell that an incoming company could use the NOLs. Someone will pay a few hundred thousand for the claims. Why aren't you looking? KCG must be eh? ;)
you seem to be in da know about sean/\ re; Are you offering a few hundred thousand for Merus's Shares?
FEGR has never owned a "ton" of leases. FEGR has had some great leases yes, but feel free to due your due diligence and look at Federal Regulations an what happens to wells when they are not in operation over a short period of time.
The Texas Railroad Commission is not a fun monster to play with.