CE1 0.00% 0.9¢ calima energy limited

why the price rise for our neighbours in the montney from...in...

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    why the price rise for our neighbours in the montney from...

    in april 21
    tourmaline purchased half saguaro for c$205m = 100% for c$410m
    110k acres with 466 2P, 140 MMcf/d facility and 18mboe/d, c$130m debt with little fcf

    in november 21
    cnrl purchased all storm for c$1b
    120k acres with 200 2P, 150 MMcf/d facilities and 23mboe/d, c$185m debt with little fcf

    sounds like better oil and gas price creating some competition for remaining acres in the montney
 
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