RE: RE: RE: Devlina is worth 3X EV Thanks for the response. I'll have to review it in greater detail later. A couple comments for now:
a) I think we're both on the same page regarding intervention as the primary driver for near/medium term value.
b) Good thoughts RE fractured carbonates, will be a much better candidate for some form of gravity drainage than a downdip/viscous drive. (Typically pricey unless there is free waste gas)
c) The 51-101 is great; although, I had a bit of difficulty picking out timelines at first read. Good to hear that the intervention opportunities are still here. Probably best if I give mgmt a call when I have a few minutes to get their thoughts on a few more topics.
Overall an interesting company with great ROIs, large reserves, and suprisingly good operating netbacks ($45 for Q4 and likely improving)