RE:RE:OT: CreadbiltyMore like wishful thinking of a takeover :)
Look at it this way ... price/book on a TTM basis for OBE is about 0.32 which is one of the lowest on the TSX. They have low debt and their operating plan is for low teen growth rate at $50-$55 WTI. (I think they lost a penny or two in Q2 when WTI averaged $46 or $48 - can't remember which). Their exploration is funded from cash flow and they are getting better than expected results from existing wells. All we need is stable WTI prices in the mid $50's and these guys should be golden as long as they keep delivering on the operations side. At book value this should trade in the C$3's range but it takes a while to get "investor confidence" back.
And French sold the last company he headed .... so who knows. It might or might not come, but in the mean time, OBE should come back to a more traditional price/book ratio.
As for the bashers - I think its one guy that has a hatred for either the company and/or makedonka. I keep ignoring the ids and he keeps creating new ones. Tell-tale sign is the date when the id was created.