Ham & Smart,
BP is getting their lawyers on board as a creditor of GMXR. Other major oil creditors i.e. CLR, WLL, Cononco, etc. are not going after GMXR yet. The auctions will be many months away, may be near year end, if GMXR does not come out of Chapt-11. CLR & WLL being their own Oky boys may want to get GMXR leases adjacent to theirs.
BP does not have too much assets in the Williston basin, however, it is logical that BP wants a firm foothold in that 43 BBL recoverable resources.