Ann: Quarterly Report December 2015, page-2

Overall, an amazing quarterly, high production, continued drilling success, with gas, oil, unconventional gas and even liquids. More reserves upgrades to come from Bauer and all for naught.
Not bitter, I just feel I would have been able to get a better return if DLS has stayed independent.

DLSs northern assets will at least get developed now, as BPT are much more proactive with actually getting things done on the ground. Should be interesting to see the real flow rates from the Washington well.

The POO is a continuing issue, but I feel that DLS/BPT is one of the safest ways to have exposure to the oil/gas markets.