Moody's performed a "stress test" on many Oil & Gas companies, where they assumed that oil trades under $30 for several years. Moody's also assumed, in such pricing scenario, asset sales would be difficult if not impossible. Under that scenario, WLL goes BK sometime during 2017 -- big deal, everybody already knew that. WLL has some time, but eventually needs oil to get back over $40. Commerzebank just issued a report today saying they expect oil back over $50 by YE, other analysts say not for 2-3 years.