us$200mil sale of yellow rose and bluebonnet, page-6

A thank you to James and his team for achieving a strong outcome
What is impressive is that the sale was made to Chesapeake..a real heavyweight in the industry
Would not surprise me if Petrohawk makes an offer to buy out the remaining 8900 acres
I suspect the sp tomorrow will come under pressure from those who have been locked out for the last month and need to realise some cash

for those who can wait i would think the sp will increase as new ventures are announced
no need for any cr so there will be no dillution

my guess for sp tomorrow is 65-70c