This was previously disclosed on 12/18/13 when SD received a subpoena duces tecum from the U.S. Department of Justice in connection with an ongoing investigation of possible violations of antitrust laws in connection with the purchase or lease of land, oil or natural gas rights. These transactions that have been the subject of the inquiry date from 2012 and prior years have been found with no improprieties and all transactions fully signed off with local and national approval. SD has cooperated fully, yet “The War on US Energy Sector” still continues, must be priming time for the next elections.
I’ve been in and out of SD several times and seen this story line before coming from political rhetoric.
For me I see this as another excellent entry point, started to buying again on the opening.
Long and Strong.
Sales, Cash all nicely increasing to new levels.
Net Income per share now 0.02 vs (0.01) previous quarter.
Looks like a turnaround to me, I’ll be adding more tomorrow again.
Long and strong!