RE:A few last words to Mr. EstevanONavJoe u must surely know Pipestone has controlling shareholders who wouldn't accept being vultured? It would be likely to me if Pipe had retail holders and was distressed. Not possible with rs and gmt owning 60%.
Also I am positive of that opportunity and believe such is still on the table although no idea of valuation.
I speculate current eastern activity is being done for a reason to satisfy an interested party into paying up more for assetbase.
My guess is pou ovv cpg or even cnrl would all be intersted including Nuvista who unquestionably is.
Look at the land sale prices and what Spartan got on a metric basis..i ignore the current valuation due to poor liquidity and tight share structure. We seen the same with Leucrotta and I expect ens game similiar with Pipe.