I sent the green card in todays mail - the 500k acres for WTC means Tom has two rails
We are still sticking with SD having made a big hit in the Lime. But I have to admit the guy made have combined CHK and SD wells in his assessment. Pretty wierd how close the big wells CHK hit are to the bog wells SD hit.
Obviously SD needs to cut costs quickly, improve the balance sheet, and become honest E&P brokers. Dinakar might be able to twist the operation enough we get a squeeze to the upside. Look, nobody trusts the Lime results and no one trusts Ward. When you add in the 500k acres for TWC that is three strikes...
TPG is going to win, however i spoke to someone high up at a mutual fund a couple of days ago, and he said they spoke to tpg recently, however they havn't made a decision, they were however, very dissapointed in the accusations brought forward about Tom, which leads me to believe................(as a 2 yr old would put it, "Tom go by by"
Hi fbiandme: Thank you for your post. Your assessment is like same with my own. I think SD can prosper. I view Ward as a great first mover. Problem is he doesn't know what to do next. Ward runs a loose ship with a sloppy rudder. I believe the situation can be cleaned up to the company's advantage. Ward will also benefit as a stakeholder. All those under the table deals are not right. This can also be set right. Will just take some time.
Happy Payback Himself......Thanks for Going Green. I know it was against your grain initially. You did the right thing.