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ronpopeil

10/01/08 9:49 PM

#13805 RE: tjokon #13803

the "jury" is still out on it. pxd had until sunday to hand over all discovery. we do not know at this time if they did. if so, then we have more pieces to the puzzle. if not, the court may impose fines, penalties. either way, we are covered. keep in mind, we scored huge wins of thursday (mandamus petition denied) and friday (kim nonsuiting the interveners) so i am happy.

Mountaineer

10/01/08 9:53 PM

#13806 RE: tjokon #13803

More like a wait and see day. Court filings posted on the website generally lag any event. The defendants did everything in their power to prevent the discovery deadline from occuring and failed, it is nothing less than a milestone. Here is what could potentially be going on:

A)Pioneer turned over everything that was requested...could be a relatively quiet period before a potential settlement is announced or until the trial begins.

B)Pioneer turned of items which are still being analyzed by the Plaintiffs lawyers to see exactly what they have. This could be why the motion to compel has not been reinstated.

C)Pioneer did no turn over the requested items and the motion to compel, court sanctions\fines, could be popping up shortly.

All just speculation at this point. I am amazed at the amount of peolple looking for immediate reaction. the trial will begin in about two months , have some patience. Many have been waiting for years for the events that have transpired as of late. A great deal of uncertainty has been removed for unit holders with the CoA weighing in and the trial quickly approaching.