RE:RE:SizeMarket should be rewarding growth if it is profitable.
BNE could afford a divy instantly if they could get Ricochet using share equity.
Entrada lost alot of leverage this fall versus last fall when NG was 5.50. Not sure how low management would accept and not sure on Entrada reserves but if they are just average for thier size..in this market i dont think could pay more than 50-80 for entrada and for it too be worth it.
Lower comoddity prices drives more compromise from both parties.
Look at this summer deals...Repsol and Pipestone...both gassy plays.
CWC and Essential servcies got bought out low..another market sign that some players are bracing for a slowdown on NG side. CWC and Essential both need good ng to be busy with their kind of equipment.