RE:bonecreek1 Yah Sure all Analysts are wrong on Cpg! Get aLifeCPG has their good points and their bad. It is true that CPG has 1800 plus shut in wells in Saskatchewan but they also have tons of great ones as well. Their 100% success rate on wells is to be taken with a grain of salt. Just cause they ran pipe does not mean success.
The fact of the matter is their production is what it is. Growing.... CPG is very inovative, ruthless with service providers, aggressive and has pulled in their acquisition horns because of this Ponzi talk. Their drilling successes are just that and it is to be admired.
Their debt has grown because of this growth or die mentality and we shall see how things go without the big hedges from the past.