I want to buy a lot but Clearly the best bang for buck long term BUT my issue is, their debt plan has them ready by end of 2022. They clearly need to do an asset sale and accelerate that imo (sell heavy oil seems like a no brainer as per the great cheadle and it makes sense).
Its risky business with all the uncertainties to have an appropriate level of debt 1.5 years out and that is if things dont go wrong.
Similar story to Arc and Tou with Tou being debt cleaned up and Arc needing until the end of the year. Arc to me captures both the tourque and risk appropriately. Crew upside is insane and I look forward to eventually owning a large chunk. Just my 2 cents.