The holders of the C have learned a valuable lesson. They can not get out of their holdings. The C commanded a premium to the D for the last 18 months, but the tide has turned as there are no buyers for the C.
Gill, you can not make money on hope! Long ago when I hoped to nail the high school home coming queen and it never happened, I like many other men developing patterns for their life, learned not to count on hope.
The Alaska official O&G site has the information on the 14 leases MILL gave up. You can check for yourself and see if Otter is gone. Using the lease tag see what MILL still owns vs what they owned at the last monthly update. Lease ownertship data and map page for CI.