Cue the drama queensSave your hysterics. Nothing reported yesterday is a surprise; it was all baked in and is all history now. Last year was (putting it mildly) a challenge for all the companies, and very few have 2020 numbers that anyone would brag about.
Bonterra survived another tough year; it has a plan; it can finance the plan; and prices look set to support (perhaps more than support) this. 2021 will (we trust) be a turnaround year and Q1 progress (so far) looks set to launch this.
If you want to comment on OBE here, remind me again how many wells it has planned for this year. And what the status of its credit review is? Or the sale of its non-Cardium production? And who is the CEO (interim or otherwise) today? Might ad there there is a lonely post on the OBE board bemoaning the fact that no one seems to have any interest in the company; if you went back there your efforts would be more appreciated.
Twenty more days and “the offer” dies (yet again). Hopefully for good.