RE: Feb presentation update
They sold off 5,750 boed for $314m back in Dec 2009 - April 2010 ..
5,750 boed of over 55% alberta gas production.
With gas now at $2.50, roughly $15/bbl equivalent ,
these divestitures look brilliant in hindsight.
Cardium netbacks of 2010 - $32,80 and 2011 to date - $53.80 , ( plate 19 ) would have been a lot lower without these divestitures.