RE:RE:CEO is a gambler & needs to be controlled. I disagree that he is a gambler. He's methodical and smart, he sees the long game. They have great assets now with Sparky and SE Sask. They do not need the others but he may keep some. They can increase production by end of the year with their current development budget and sell Greater Sawn and Valhalla. But I think they would just sell just Greater Sawn. Do you realize how much this one property is now worth at 85wti never mind if WTI goes to $100??
They can instantly pay off all debt, still pay shareholders a crazy amount of money and have money left over for even more drilling.
People should be glad we bought Greater Sawn for 320 million when we did as we got FCF from it over the years and it's worth way more now even with the decline in production never mind when WTI hits 100 IMO.