08-13-2013, 09:32 PM
Let me counter that by asking is a fundamental shift bad? Look at where OSH's current market cap is compared to IOC's and they arent operating any plants they are non-operator owners like it appears we are now going to be. While this may be a different course I for one am excited about it. IOC's value lies underground and this new strategy seems to be focused on creating value from those assets much quicker than the old strategy. If what we all heard was true and there were 5-6 bidders for E/A that leaves 4 to 5 losers that we can go back to about exploring Wahoo and our other fields. Once all of those fields start being declared reserves on our balance sheet you will see the pps skyrocket