But his moves were counter to what activist investors had been calling for - debt reduction, prudent spending and either partnerships or a sale of the company.

This was what DG should have done in the past.Prudent spendng instead of taking high risk by loading up the company with high debt betting on good economic situations and high oil should stay .He took the wrong gamble and lost.If we should do our own financing the way he did many people should go bankrupt.

It's sad you have a company with good reserves and other non explored assets with a pote,ntion to go to 50.000 bpd you had to loose the company to others which can explore their bitumen and conventional oil.

The company which will buy CLL can sell MRC and reducing the debt probably with 1/3 if they want.If economic situation stays like today or get even a little better future looks not that bad.Just don't trust the European bank situation.It's a little calmer then before but we read in papers here that the banking sector and the debt for a lot of countries is still not solved.Banks are putting large amounts of money at the ECB because they don't trust each other.Stock markets are seeking for direction now.remain flat these days.