i was reading some BOW posts earlier, which were discussing the merits of whether BOW should keep proving up their reserves and/or develop those reserves, OR simply just sell the assets.
ADE has just released a SHale gas presentation, and I noted with interest their CEO comments on just this issue.
On the first slide below, have a read of the last para.
in light of Arrow t/o offer, this is interesting and timely info.
BOW Price at posting:
$1.45 Sentiment: None Disclosure: Held