Perhaps (just for the sake of conversation) I should phrase my question a different way - what do you think might be the reasons for people selling at 28c? Is it just impatience and the thought that they can get a quicker return elsewhere (eg CVN?). Or are there genuine risks which need to be factored in?
Ann: Byron High Bidder on 3 Blocks at GOM Lease Sale 251, page-9
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