WouldShould Whitecap buy Cardinal Energy early 2019?
Isn't it Accretive to Whitecap at today's values ?
The other option is stop adding barrels drilling and buy back your own shares.
What would you guys do?
I see signs that 2019 could add some "normalized" differentials to the Candian market Enbridges Line 3 completion would be a big step, barrels moved by rail should increase too, you could see 500,000 barrels more export capacity late 2019.
On the other hand, the problem in the first place has been politics, will the politics be any better in 2019 hard to predict.
What do you say offence or defence. Cheers Matthew