In the above presentation, CE1 indicates that a take over offer...

In the above presentation, CE1 indicates that a take over offer is a possibility in the near future, and below image taken from recent announcement indicates the expected minimum price range ($80 million dollars). Current market cap for CE1 is about $50 million dollars.

Current market cap is sitting at about a 65% discount compared to the $80 million dollars expected as an offer for the sale of Brooks or Thorsby oil and gas assets.