Ed, Capex is handled for the short term. It would be reasonable to expect XBOR will start feeling the benefits of the deep pockets at RDMP. Given the success of the last 2 wells in Lusk you can certainly expect that they have been AFE'd and will have it handled. RDMP will not have gone through this whole exercise to allow for any non-consents on those wells.
Given the $235mm acquisition planned by RDMP, the XBOR drilling budget will most likely benefit from that capital raise. I don't see XBOR being stand alone much longer anyway.
Also, when they redeemed the debentures it actually created a larger borrowing base. Those bonds had strict limits on external borrowing while they were outstanding.
News 
Market Data 
Discover 
