2021 Price Projections POU - (15 Dollars)I expect POU will exceed in 2021 guidance and will receive a windfall of cash infusion from one of the followings
Sale of 40,000 NVA shares (100) million
Sales of Smokey Duvernay (750) million shell
Waterous Settlement ( 100-170) Million Dollars
Oil Sands Royality Deal (100-250) Million Dollars
JV Deal (Kaybob North) ( 250 - 500) Million Dollars 50-80 wells
Sale of Karr or Wapiti or both (2-4) Billion dollars
If they sell a Karr or Wapiti i would add a 10 dollars dividend to my price target.
2021
With 60 dollar WTI - POU will go to 12 dollars just on that.
I expect at least one of the above deal with happen, Jim will do some major deal in 2021
POU will trade be worth at least 15 dollars to a shareholder.
It might look like this 3 dollar dividend, some NVA shares dividended out, and exiting the year at 90,000 boe a day. And doubling their condensate production in 2021.
IMHO