You might be right about an aquisition in the future, and that might be a way to aquire good prospects in the Permian instead of trying to lease [ if you could find any good leases for reasonable price ] in the better areas right now. That said, you need to check the maps showing drilling taking place right now--wells underway - that are LPI wells. They have a very active program going and hopefully they will be succcessful wells. Like the company very much and feel they have a great chance to build reserves and values.Do not underestimate their current drilling program
Have a good day.