Ann: DLS: Notice of Variation - Extension of Offer Period, page-10

Magnum Hunter last traded at US$7.13 which puts the value of its offer at 31.9 cents.

Drillsearch current offer is 32 cents based on $1.46 trading price.

MHR entering a very important support area around $7. A break of $7 suggests more downside

DLS similarly very important support around $1.45.

Both are reporting quarterly results in the next 3 weeks.