TBird, from what I read in "Oil Investor" --- I posted the article --- our new Mr. Ellis looks like the real thing. Of course, this could be some other Mr. Ellis --- but I don't think so. The guy seems to have real experience --- Vice Presddent for Land Management for Blackstone. Which has arranged a lot of financing and institutional investment to purchase and develop a lot of mineral leases. I don't know what Ellis's relationship is with Blackstone anymore, but he comes out of an A+ business environement. These guys were apparently cutting edge deal makers, top shelf, combining engineering and financing expertise.
From what I can tell --- and maybe I'm to hungry for good news --- I just don't think a cheap crook, low life, down low street punk like Lanza could play this guy. You got to figure Ellis has lots of options in today's energy market.
Whatever else, the BD story is a great drama. What will be the next chapter? looks to me like Ellis is there to cook up a sweet deal and probably sooner rather than later, like before the audit is due end of September. Yeah, even old cynical me is beginning to see some possibilities. If Lanza has his back to the wall on a deal before audit time, this could pop any day.
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