From OBE December PresentationShares Outstanding 73MM
Market Capitalization $40MM
Net Debt $479MM
Enterprise Value $519MM
Production Guidance ~25,000 boepd for 2020
From page 7 "At US$50 WTI/bbl and a 4.5x EV/EBITDA multiple, Bonterra’ Shares would appreciate by ~375% to ~C$6.40 per share (~$3.20/share OBE)
Under the same assumptions, Bonterra’s 2022E shares appreciate by over 670% to ~$10.40 per share (~$5.20/share OBE)"
OBE and BNE both have a debt problem. Good luck with that....