Hi LS:

I am not sure. I know that some hedgers have been purchased by other producers in the past. I have to think this is the biggest ever though .. apparently it is the biggest debt issue in Canadian history...and at a big discount that was purchased and quickly flipped flipped...then noses were out of joint so they issued more debt/shares to others so they too could profit. What a mess!

I guess we all have to read the stream of information about it and come to our own conclusions about the technicality if the default.

I will follow up with the latest.