ExplorcoIf Bne spun Montney/CL assets off into a new company...would it unlock more value than 4.70 right now.
I mean the one hitch is probably need the magic of raising money and issuing equity.
But if you look at past thats how patch usually works and does.
Be interesting to see numbers modeled on that.
Try to frame it as a mini Kelt Explortation to investors.
Montney is the natural gas option and CL is more liquids if NG remains tanked.
Just hardly any new companies created anymore in alberta.
I think first CL pad needs to be fairly good to get capital in an equity raise and it might be why they are rushing to drill CL so fast.