We will be lucky to see 2 dollars on a buyout. I'm long and now believe were looking at BK if Mr.W can't pull a trick out of the hat. He needs to sale some assets and pay down debt if he want to keep the company alive into 2017. I haven't seen things this bad for oil company's in a long time, 1990.
That's what I've been asking for the last 3 months. I just don't get it? Just find a good driller that will buy the company at any price. Mr. B for $&it.