Acquisitions / Dispositions ?
Scott Saxberg has said on several occasions that they would be looking for relatively small ($250m or so) acquisitions that can be funded internally and that protecting the balance sheet is the priority.
He has also said that they would sell some Alberta assets if they were to make a large acquisition.
It has been said that they are bidding on Husky’s SE Sask. assets.
It has been said that they are bidding on Pen West’s Viking assets.
It has been said that CPG has some NW Alberta assets for sale. (Swan Hills / Beaverhill Lake?)
It will be interesting to see how all this pans out and how competitive the “Bidding Wars” get...
As Always; Do Your Own Due Diligence; It’s Your Money !!