Cashflow Think about 75$ oil and 3.5$ gas. Thats all pure profits on base of 60$ oil and 2.75 gas. Now think
80$ and 4$ gas which is a real possibility with summer in the USA, draw downs and drop in hydro power supplies. Natgas is the only replacement for electrical requirements. Its hot and they require air conditioners.
I know you all disagree but with increased cash flow across the industry, someone is going to smack NVA and imo shortly. Ie before end of summer. NVA is still undervalued at 4$. Only one close to that undervalued is Baytex.
who?
Whitecap Kickinghorse was a bad Acq soon realize NVA is much better plus want to be 200000 boe/day by year end
Arc nice fit with 7G position
Birchcliff running out of quality land
Peyto? Need more opportunities
Pou.... always a possibility. Will low ball but might put NVA in play. Either way they win.
just a conversation. Thoughts?