RE:RE:YGR/PNERex...read PNE financial statements...they "kaboomed" their balancesheet from Dec 31 2022 to Dec 2023. PNE has a negative working capital of 33m dude.
You think PNE has shrewd management ...to pay 46m divys in 2023 and borrow 56m in fall of 2023 at over 12% interest rates? in the face of 1.58 spot aeco right now?
Are you serious or trolling?
You are forgetting one thing about YGR....most of YGR wells were put on production from 2017-2023...so the wells are good to produce for another 10 years plus hence the remaining reserves per well is high hence YGR has reserves.
YGR has 5% of the total NG wells PNE has online, and all produce liquids and not dry gas at YGR...who is going to handle lower AECO better?