The news release seems to me to be decidedly neutral in the great scope of things.  Drill bit is gonna speak here shortly and that will be the news release that packs the punch.

I thought it interesting that they named DE and Windfall as specific properties to get the majors all hottied up.  No direct mention of anything else.

My twitchin probes tell me that maybe something like this might happen:

     Morgan work on spinning out DE and new listing on TSX and NASDAQ.

     IBK work on spinning out Windfall and new listing on TSX.

     NOT continues on her merry way as an exploration company on all the other plays and whatever else they find flippin rocks over.

We wind up with shares of all three.  I think it would make sense and has been alluded to often.

If you look at NOT as a small version of a conglomerate, there are many examples of busting up outfits into multiple pieces to surface shareholder value.

We shall see.  Bring on the drill results.

The Trucker