RE:RE:RE:RE:Just a small update......."In regards to the oil, I believe the eastern volatile oil window they are delienating now is more oily than condy rich"
Well, sure that's always a positive if Pipestone can eventually increase their oily output at some point in the future, BUT unfortunately that's NOT the current reality or in the here & now.
"What about Ovintiv?"
As with CPG, Ovintiv is done for they year AFTER the HUGE move into the Permian. And to be honest, i think after their shocking (but understanable) move to redomicile to the US a few years back. They are pretty much done with ANY addtional M&A in the Canadian space.....permanently. They would have done so already IF there was ANY interest on their end.
Regarding the prospect of Kelt being involved somehow, i did have them a VERY strong contender, BUT i think Kelt is in the midst of being acquired or going through some type of transition themselves. So though they afre still A POSSIBILTY, the odds have greatly reduced. thr best we can hope for in regarsvto Kelt is maybe a merger of equals with Kelt mgmt going their own way by doing a spinoff of the Oak/Flatrock properties, in the same fashion in was implemented with SDE.
Going back to Paramount again, i'll ask you this again, does it makes sense to divest Kaybob and then turn arounf and pick up Pipestone across the pond? Personally, i don't think it does. IF POU still holds the NVA interest, more lilkely they "intend" to do "something" with them rather than Pipestone. But that's JMHO
GLTA