POU is a mutual fund......NVA - 20 % about 475 million dollars they are zero net debt
Cavalier Land - 500 sections of Clear Water (2 million plus acres)
Willesden Green - A multi billion dollar assets and best part of east duvernay
Fox Drilling - Access to rigs and best drilling crews with only internal competition.
Smokey/North Duvernay - CPG back yard and high reserve high value oil.
Karr/Wapiti 80,000 liquids rich boe/day forever..
Interest in private companies, 70 million dollars worth my guess is grossly undervalued.
POU in addition to Cavalier land has about another 1 million acres.
Grossly undervalued and valued only based on current production.
IMHO