Huge 2c (potentially 2P) resource numbers for a company with a market cap of $64 million.
And that doesn't take into account the ~4500 boe production from Brookes and Thorsby.
These two announcement really do feel like they are worried about a lowball takeover offer, and are trying to help others see the value here to get some competition going.
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- Ann: Montney Contingent and Prospective Resource Update
Ann: Montney Contingent and Prospective Resource Update, page-7
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