MyHoneyPot wrote: ARX in the end will only line the Pockets of Nine Points partners and without them the management team would have zero supporters. Quintessential1 It is really hard to really discuss anything with you, because you mind seems to be lost in the Gutter. You should get some help with that, in fact a lot of people may not feel safe around a person like you.
Dividend Cut Yes it was almost two years ago ARX management slashed the dividend by 60% and they have never reinstated back fully. Even with 120 dollar oil and gas off the charts, management has this pathetic way of setting the bar so the dividend so it will never change, and they will only review it once a year,
The fact is they cut it before and they will cut it again regardless of what they use in their model and business owners that is what shareholders are expect that. Not the fiscal wizardy of Bibby, which i have zero faith in.
Kakwa All that ARX has done is reduced the value of Kakwa with its poor management and ridiculous optimization plans. Terry publicly has stated that he thinks optimized production in 180,000 boe, but what does Terry know, in fact he has a big chip on his shoulder and needs to get over it.
ARX has no growth plan without growth at Kakwa, management should wake up and smell the roses. They were forced to move all their rigs from NE BC to kakwa, are they going to make the best of it or do it with a bad attitude.
IMHO