RE:RE:RE:RE:RE:Transfer of well license The last 2 major acquisition / mergers in the non oil sands were VET buying spartan and BTE buying Raging River....neither worked out. Producing 50K right now doesn't even make sense it's only to satisfy the banks.
filefish wrote: Pablo, from what I see, the combined entity would have around 70k boe/d production, and less than $400mil in debt, nothing in near term - a completely managable situation. Not to mention operations synergies. However, I take your point, as a long time Canadian O&G investor, I am gun shy of anything with bank debt.