Take Over Potential - Now Below 0.30 times BookDespite debt levels this company has very good light oil assets. At this price we are below 0.30 times book value insanely undervalued to assets... Any large company that wants a good bang for the buck will buy this up for cheap. Everyone is hating on the debt but the facts are the company has experienced some very good growth in production levels, reduced costs and reasonably high netbacks.