RE:RE:HmmmTorc oil and gas is producing higher CF with slightly lower debt then Cona, yet is valued at like 5 times as high. Their production level is about 15% to 20% higher than Cona, yet their p and p reserve is 15% to 20% lower than Cona. Share will pop up if and when they announce the asset sale and pay down debt. Recent Cenovus deal was valued at 975 million, Cona's total asset should be similar in value. 975 million, discount 100 million, equals 875 million minus 375 million in debt is 500 million. Which gives $5 per share value.
Anyway, it looks like insider Harold Kvisle picked up about 330,000 shares at the end of August.
https://www.canadianinsider.com/company?menu_tickersearch=CONA%20%7C%20Cona%20Resources