GREY:LSTMF - Post by User
Comment by
peplareon Dec 15, 2014 6:27pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
336 Views
Post# 23233056
RE:No Buyback
RE:No BuybackWe have been successful in the past in unlocking unrecognized value through asset dispositions and we will endeavor to repeat it through the potential disposition of our Bakken business unit over the next 12 to 24 months. In the event that we are unable to achieve appropriate valuation for this transaction, we will retain our Bakken business unit and continue to operate and invest in it to maintain and enhance its long-term cash flow generating capacity, while preserving our optionality to execute a similar transformative transaction in the future. A successful transaction will allow us to significantly restructure our balance sheet with an Alberta Cardium and Swan Hills focused Company.