RE:RE:RE:RE:RE:When and where is the agm?You may be quite correct, SingmaKappa. But whoever a potential suitor is (i.e. Velvet, Paramount, CNOOC, etc.) if things go that way the offer must be a good one recognizing all immediate acquired value and adding a fair premium to recognize future value. That will be the hard part because most acquirers will try to "peel the beaver off the wooden nickle" and go low ball. Even insultingly so.
Btw small companies like Advantage O&G have done very well with similar landbases and drilling depths just growing by the drill bit - and they don't even have anything like a liquids rich Montney play. Most of their production with the exception of a little propane has been pretty lean gas. Fit for puprose infrastructure capacity, a smart development program with ramping activity & evolving techniques, effective op cost control and a good hedging program are keys to success. Not pushing too far on the bleeding edge like Blackbird has done and gotten hurt from it is also good to keep in mind.