Linc has just taken over the 3 oilfields held by Rancher energy. I beleive that is the company Chris headed to, who were also interested in taking over ELK for sweet FA, and the way management were going it was getting close. It is a shame as it should have been ELK taking on those fields. Chris couldn't get what he wanted done at ELK so he went elsewhere, but on the same token he lacked the balls to get the job done here.
On a brighter note $20mil for the 3 fields gives me confidence that there is still plenty of small fields we could get for a dime and hopefully we now have the management to get it done.
Cheers
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