Hey astonis
In your opinion, you think they're looking to buy a company thats already producing?
I dont see the need for this dilution as they will be producing from EOK come Xmas. Even at the moderate rate of 48 wells coming online per year, we're still talking about a healthy revenue stream and thats just EOK.
I think they're looking to grab a hold of more top quality real estate. I know they have a lot at EOK alone but it will just increase shareholders value much more if they keep adding quality assets without large dilution.
We will have to wait and see. Should open well if ann is good considering DOW is over 9500 now
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