Private Equity Back Companies - Are They Going to Grow the Value?

A lot of money went into this industry, a lot that money didn't really know what it was doing. The business is just a lot more difficult when the price of oil is 50 to 70 than it is when it is at a hundred and five dollars. P e d can provide the vehicle to exit. And the upside is very attractive if we have some kind of crazy run up in in the prices of oil.