here are a couple of posts where I picked up tidbits about Latimer and CFW current management: Latimer sold his last company- and certainly has the resources (NGP capital) to carry this off.
Also- there are some posts regarding a C02 pressure line being built near a CFW oil field which should increase value..
One never knows-- but think Latimer and Homier are well connected enough to sell some assets, then sell the remainder at some point for a nice profit. CFW defaulted on bank loans more than a year ago, and banks could have forced BK, but haven't.. But what shareholders might get is questionable.