EL, Just the current thoughts[speculation] of an experienced player in reply to J. Of course I am not privy to private market info.
Albers is largest private holder of O+G leases. There are commitments to meet the terms of leases. In the past he is a master of farm outs and others paying for commitments/drilling. Current use it or lose it regulations putting a lot more pressure on lease speculators such as Albers. Albers already have a much more significant exposure to Artemis through MOG. Perhaps the Albers/Octanex related parties could see a change in substantial shareholder report.
What do you think?
What are your thoughts? GB
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