RE:RE:Thoughts on recent eventsSo both sides have leverage in a different way...cause Woodland cree may delay viability of splitting company up.
Prop just needs to get to a production size big enough to CF enough to handle a decent sized debt faculty.
headwater exploration has a 1.7m market cap...this is why companies should want to be "pure plays"...get a better trading mutiple on valuations.
Cardium and peace river are going to be way different on per flowing barrel value.
OBE has a really solid land position and infrastructure advantage in peace river that maybe they keep company togther to grab even more assets in clearwater. Get time to expand in core spots.