Value in the montneySeppelt leans towards my way of thinking asset value wise but haven't heard from Jack in awhile re fixed infrastructure.
I commented earlier this year about those who are committed to the montney and where they see value.
And now,I mean,who the fridge did birch cliff make that deal with?
This is boiling down to go big or go home.
I suspect that,while jack has a point,share price dropped here more because of off-take this winter (owned facilities or not) as opposed to shy on the bank line.
Tin hat time-hedge funds with an in with the pipe companies are going to rule and the big compo right now is the yanks trying to move Dakota north instead of South.
Just me
Rmp may deal non core (as a local I want to see this happen if only to see the junk consolidated) and to create a cleaner company.I suspect kakwa is attracting low-balls,ante creek is like giving up fixed income,and gold creek is too embarrassing this soon.
Better make friends with Rick Rule and get a 30-50 mil deb happening at 10% with appropriate reduction in debt and mngt.
Or maybe kelt or nuvista still giddy from stampede.
This will be a different place after Xmas
Stay safe folks