M&A Activity Heating UPSo this US company called Riverbend is selling its oil assets for $2 billion usd plus debt. It produces 28,000 bod with land in north dakota and ohio. What's interesting is that OBE is at 33,000 bod and has some of the best assets in North America in cardium and now in clearwater PROP. A $2 billion values us at $25usd. I would take that now!!! Maybe this is Loukas's plan for later this year.
https://www.reuters.com/business/energy/energy-investor-riverbend-puts-oil-gas-portfolios-sale-sources-2022-05-06/