I feel this way also because of the major global shift towards ethane. Ineos and Reliance both have invested into infrastructure to globally ship ethane and LNG around the glob. Domestically we have plans for major cracker sits to be developed. It is my opinion that a number of companies would see it adventitious to own rich wet gas wells to fulfill their feed stock needs. Which Rexx operates. Some of the best wet gas wells. Ethane will only continue to rise in value over the coming years. Right now such a purchase would be highly lucrative, because of the beaten down energy sector. Right now is the time to still scoop up companies that are under valued and struggling.
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