We are not waiting for the spring redetermination to discuss this with our clients. Doug Petno More Quotes by Doug Petno More Quotes From Doug Petno Most of these clients are working with their banks way in advance of redeterminations, so it is compelling M&A, it is compelling asset sales, it is compelling discussions with private equity. But there is a lot of leverage, the most distressed clients know when they are going to be pinched... and are taking the steps to deal with it. Doug Petno company-news Some borrowing bases may by go up. Some may go down by 50 percent. Doug Petno company-news