RE:RE:RE:RE:noSame with Crew, a bounty of incredible lands but can't seem to find buyers for them.
Even their heavy oil asset should have been turfed years ago, but they refuse to 'give it away' and have a certain bottom line price on it.
That's why I think a merger & consolidation makes sense. There are too many companies out there and the juniors including Kelt are threadbare for what little investors there are.
Consolidation adds new investors to the space and possibly pulls those from some of the intermediates in WCP, ARX and seniors like TOU, CNQ, SU etc.