My take on it is that perhaps ESG have been agitating for a...

My take on it is that perhaps ESG have been agitating for a merger prior to any further activity to re-acquire on the very cheap, which is why there has been a lack of drilling (and support from ESG with arranging rigs etc..). They have a fair idea I reckon of the value of the assets OIP is sitting on.

I HOPE ESG are disgruntled with the lack of action...but my suspicious side is telling me if you were looking to buy back a business would you rather pay $20 mil or $100mil?

JT