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3,770 Posts.
107
12/03/16
14:47
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Oil price is on the rise.
Also great article this morning supporting that AOW is in the right place and will continue to be hunted
http://www.cnbc.com/2016/03/11/some-bakken-drillers-see-greener-pastures-elsewhere.html
Big boys with deep pockets are after real estate in this current market and AOW has some very attractive acres and in good low cost producing areas.
IMO we will continue to see the bidding war and it wouldn't surprise me if its at 30c + in the weeks/months to come.
Cheers
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