Yep,
Sale to the obvious buyer, who apparently wasn't one of the 2 initial parties involved.
SS bought for $62M spent another what $40M+ developing it, sold it for under $150M
As for the rest of the announcement full of absolute drivel & self congratulations.
Perfect record with Macquarie - eh who had to get a waiver for breaking the terms of the loan
Oh selective memory.
If Big Star was so good why did they lose thousands of acres to lease expiry?
One well at NS has performed, hasn't been replicated since.
Is what's left really worth $150M or more???
Why on earth would the buyer for the whole company refocus on buying the stuff in Dawson county doesn't make sense at all.
More smoke & mirrors
LOTM
.
Yep, Sale to the obvious buyer, who apparently wasn't one of the...
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