Well, DLS has 53%, game over, at least in regards to control of...

Well, DLS has 53%, game over, at least in regards to control of the board.

Magnum was just a bit too slow. Interesting to note that in the freshly printed Magnum offer, they argue that Magnum is a better investment than DLS on certain metrics. Like having 86% more production. Hmm.. that is nothing to be proud of, DLS is 1/3 the market cap yet is producing more than half their amount. Also DLS margins are amazing. Magnum... at a guess $50 max a barrel. Then you have the debt situation. $800 million for Magnum, $140 for DLS, although on an E/V DLS is about $700 million, while Magnum is about $3 Billion. Bigger is not always better value, or in the case, it is simply not in any way shape or form.

Good luck to all involved, except maybe Magnum Hunter.