RE: RE: I'd like an opinionKehoe is a player/gambler with connections, I like zuperztarz post I see it all the time working in the industry bigger companies buying out smaller companys to replace their reserves. Legacy bought Molopo not too long ago (Molopo`s main area was Pierson Manitoba(Spearfish play), not too mention ATK is surrended by CNR,Penn-West and many other big players in that area.
What I think is that they have good results with lets say 14-13,11-5-2-28(well drilled last year spearfish that they need to refrac),new well at Roncott, and horizontal at porcupine. If all goes well they stop and sell the company.(JUST MY THOUGHTS) They might license more wells at Pierson MB, or maybe carry on with Roncott or start exploring Windfall.
At the moment im sure they could make money off selling the company, but with so much potential why not take a gamble and get a bigger and better price if all works out.
Just my thoughts, I will be one of the guys with patience watching to see what the outcome is.
Good luck all