OTCPK:OEXFF - Post by User
Post by
DoubleGGon Aug 14, 2018 11:02am
196 Views
Post# 28456825
What does the Cenovus sale of Pipestone mean for value?
What does the Cenovus sale of Pipestone mean for value?
So if Cenovus gets $625M for 8800 BOE and 39% interest in a plant when they are clearly trying to sell does that tell us anything about IBR's value? Not sure how much land went in that sale and understand it would be North of IBR land. But we have infrastructure and close to 1/2 of that production yet we get 1/6 of that price. Just questions not statements. Thoughts? I could be way off here.