Happy to pick up a few more today at 10.5c. Can't argue with the price! I must be in the minority for liking the Blackspur business. They are profitable at current WCS and I think they have been more disciplined in recent quarters.
And there is only one reason why Mr Freeman would buy on the market at 11cents. Happy to wait and see where Calima ends up in the next couple of years, with Montney, production growth, declining WCS differential and global oil supply challenges.
Ann: Pisces 8 and 9 Well Tie-in Complete, page-6
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