Maybe. I'm guessing the assets are well understood by any buyers...

Maybe. I'm guessing the assets are well understood by any buyers and they won't pay attention to Aurora! Could be wrong.

However, as per the Fin Review article linked to on the other thread, if the AZZG notes turn out to be worth something, anyone who sells or redeems their ABW units may end up short changed so they're not happy I guess? Unless they are 100% happy that AZZG notes are worthless!

WRT finding a buyer, I'm guessing (as someone else said a while back) our problem is likely to be that although the Permian is hot, our leases are on the fringes in Dawson county (no active rigs as of today) with virtually no production AND the market seems to be focussing on the highest quality assets only. Who knows what might emerge - I'm hoping that someone can see the value longer term and we get a deal going with note holders to recapitalise just enough to keep leases on hold. Probably dreamin'. Happy to put it to bed either way now - bring on the Administrator's report on the expressions of interest!