Now to CPE ... how closely have you looked at their filings of late, specifically the 10Q for Q1? Is the likelihood of a reverse split in the near future of concern?
While their bankers seem more supportive CPE itself is concerned about the BB ... which was redetermined down to $1.7B which as of the report date leaves them with $350M available ... the risk of continued low prices does put a shadow over reserves.
SEA Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
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