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EV Energy Partners LP Message Board

  • biotechs_for_college biotechs_for_college Jul 18, 2013 7:28 AM Flag

    197 days into 2013

    #### 138 Days since John Walker revised his prediction to between 1 month and the remainder of the year.##

    Walker and Houser continuer to draw salaries while #$%$ting on us.. Houser and Walker parasites sucking the life out of EVEP. EVEP has the stench of decay. Daily lows not seen since Nov 4 2010. No catalysts to drive expectations. Fear of a full year of uncovered distributions after 2 years of broken promises . Sickening what they've turned this partnership into. Just a pile of #$%$ in place of out investments.

    197 days into 2013
    251 days since John walker said 51 days was enough time to do a deal.
    138 Days since John Walker revised his prediction to between 1 month and the remainder of the year.

    I want to share with you that I am disappointed that we've not executed the purchase and sale agreement yet. Fundamentally, the bids have to meet our expectation county-by-county and terms must also be acceptable and must conform to standard industry terms. I am leading the negotiations with a highly experienced team and I want to repeat we're not going to do a transaction that does not deliver an attractive price and acceptable terms. We will announce each deal as it is signed, but I believe that the process could take anywhere from a month to the remainder of the year. Believe me; I am spending an overwhelming amount of my time on this important process.
    and then
    John Ragozzino - RBC Capital Markets
    With 51 days to the year end, can you comment on the difficult sides or the minimum sides I guess, the amount of time that it would take to close a transaction of this size and how that weighs into your targeted close of the four year end.

    John Walker - Executive Chairman
    Well, I’d say that our goal continues to be year-end, and so I guess that’s all I can say, is that I feel like its still achievable. So I guess 51 days is the answer

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