Wow, left field. I think I like it ish. C$200m spend to unlock 3000boe/d for 2021 and growing upside to 5500 boe/d. $26 break even, $117k/day at current oil prices.
Consolidation coming which I normally dislike but the assets appear heavily discounted on both sides. The sector is seriously improving and if they can manage the debt the combined entity looks good.
Anyway, locked in for the ride.
Wow, left field. I think I like it ish. C$200m spend to unlock...
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