kkr to acquire assets from hillcorp, page-24

Appreciate that Mick ... not normally like me to over step the mark too much, so I take a rev up on the chin when I'm in the wrong .... bloody burbon has a lot to answer for !!

Anyway ... not sure if this has been printed, but just to reinforce the clout of the guys getting involved on this play ....

KKR invested about $350 million into eastern Resources about 12 months ago, which 2 weeks ago sold out to Royal Dutch Shell for $4.7 billion, and netted KKR about $1.5 billion ....

So in the wake of that success, KKR have chosen to place a lazy $400 million into partnership with Hilcorp and their 100,000 acres of eagleford !! ..... That is no small change.

The bottom line is, these guys are serious players, and don't throw their money around "gambling" on results ...

The play ADI are involved in is the real deal ... What I hope is that our BOD can manipulate our position to reward the long suffering S/H's .....

Also, just my opinion only, so take with a grain of salt, but I'm not discounting the involvement of Goldman Sachs as a random event at this stage ..... Thomas Hook's past two way connection looks intersting to me ... but I could be barking up the wrong tree. Time will tell.