Orion Slight variation to your post above fPL needs money , FPL...

Orion
Slight variation to your post above
fPL needs money , FPL asks for money and gets it at increasing worse terms (. 2c pre consolidation )
FPL dilutes all existing acreage including the one they bought recently by 40%
FPL spends 40% of funds drilling and 60% on corporate costs including salaries equal to 30% of market cap .
FPL asks for money again in a few months time and dilutes every asset again. Again more money down on corp costs than drilling