I read that. It gave be a headache with sentences so long that I...

I read that. It gave be a headache with sentences so long that I forgot how they started by the time I got to the last word.

Basically it didn't give any new info. Sell at asset level or sell at corporate level (ie Take over). The only revelation was that they are no longer even attempting to undertake any further development / hold leases so the clock is ticking.

I note AOK has postponed their AGM to July with a vote on how to spend their $. They are sorting their finances out now re: extinguishing convertible notes, getting RBL facility. I would not be surprised if they put in a bid of some sort.

High risk / high reward play for whoever is buying. Potentially rewarding but with leases expiring / oil declining / advisers fees / angry bankers / etc I wonder what will left for holders.