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Thanks, great summary! It will be interesting to see how better visibility will also improve liquidity in the stock. At the moment you can drive a bus through that bid ask spread.

Very important to see if they can keep production steady at the reduced level.

Good interview. I have been an investor for more than 2 years and kept adding. The surprising thing about the latest deal is that it brought in a new anchor investor who will have influence over the company direction. Although the company issued new shares and natural gas prices are still depressed, DEC's share price has broken out to the upside. I think the new shareholder was a key catalyst to that. The people behind Crescent Pass Energy are seasoned investors in the energy space. For instance, co-founder Andrew Heyman, ex-Goldman Sachs and advisor Garry Morris, former CFO of Halliburton. So beyond the assets they acquire, DEC also acquired a high quality stakeholder in the company. I believe that underpins credibility and will help steady the ship in the future. Rusty is an avid dealmaker, whereas Crescent Pass Energy has gone at a much steadier and cautious pace. So the blend of the two points to a more paced and healthier development path for the future.

The price action starts to look squeasy...!! :-D

Very interesting to see that the stock rallies following the ex-dividend event. The $ 0.875 dividend translate into 69p. However, the share is only 36p as of this writing. The latest shorter to increase -Voleon Capital Management - is a purely technical, algorithmic shop, based in California. It's possible that they didn't properly factor in the massive dividend payment. Let's see what happens at NY opening.

Pikeman, I agree. It's very much a private equity type of business. So many investors struggle to understand the business model of DEC. But I believe once the Fed starts cutting rate next year and the sp stabilises, investors will return for the juicy yield, whether they understand the business or not.