Ann: Re-financing Partner Selected, page-52

Last time you said that, BCC folded a few days later!

GLTAH but a punt is an understatement. If they could not bed down a good deal in June-July with $100+ oil, they are in real trouble now. Sub $90 oil, decline curves, leases expiring, and minimal competition. Likely the lender will get his money with a refinance, but there will be some equity component which will severely dilute share holders / put share holders so far to the back of the queue that the shares become worthless.