The Permian Basin Oil Traps

i think the thesis is that, because these private equity companies have like ten year funds or whatever, at some point these ssibly not profitable companies out there scattered across the permian basin are going to have to exit and cut their losses. And i think the theory is that this guy knows how to allocate capital in this space, and he's going to buy some of these companies with his clean balance sheet. Whether that means that some point may be taking on debt or issuing ship more shares to to buy assets at good prices, i think that's the that's the thesis of a kind of what their strategy is.