You are exactly right Mr. Harrison.....it will do nothing more than milk what they have and line pockets before BK
$2mm won't do much. They sold out for $50 an acre? Wow! So much for the company maker. Looks like this ship is going down fellas. Can't do much for $2 million with their internal burn rate. Market acting accordingly.
PR says they are going to sell non-core assets. What are those? #$%$ low volume gas wells that are a liability? Good luck with that
Not a chance
Oh yeah they will......are you kidding? Why now? why not when oil was $100? There is no basis for them to go anywhere