FCF for a quarter where there has been less production drilling than necessary to maintain production rates can be deceptive .
FCF over a whole year when production has been maintained gives a better picture of the financial strength of the business .There are plenty of analysts reports on CE1 that time has proven to have been overly optimistic .
They do own a large contingent asset in the Montney that presently imo is not properly reflected in the share price .
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