Anyone who TRUELY understands their assets will likely tell you that there is no way out of the hole they are in.  POD 1 has under performed right from day 1.  The north pad is so crabby that they are essentially going to start blowing it down.  Where is it that the steam for their new 104 pad will come from?  They will begin blow down likely because the reservoir the north wells are drilled into is poor quality/they never fully understood it when they drilled the north pad.  Understand that resources don't equate to reserves.  Connacher is like the kid that spends his rent money on a corvette.  soon you can't afford to put gas in it and you are forced to sell for far less than what its worth.  Connacher can't afford to develop any more of the resources they own.  So really, what are they worth?