The M&A activity has been with much bigger fish.... BUL's contemporaries are for example COI, and to a lesser extent STX, GLL and RLE and NONE of these have been subject to M&A talk. In this comparison/context, your above comment is erroneous in my view.
To add, there is opinion, that by the end of this gas episode, ALL the above will be done over in one way or another in an attempt by the big fish(s) to enlarge their reserves.
Kip
BUL Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
