RE: BWD as an Investment Curious how the deal with the blood indian works for a take over company . Bowood currently has 3 years left on the contract for the land . That is a lot of time for this play to really heat up and others notice and want in. This is really still only the first innning of this play . If it was Legacy I imagine no change but for an outside company is the contract that bowood has with the Blood indians just transfered to the new company ?
I agree that management was great at getting in at the start of the play when prices were cheap . Now that there is no more prime land for this play in the area they are in a great postion for a take out .
But little has changed since this announcment , if a company wanted them they could make an offer , saying your for sale doesn't really change that .
A positive announcment on Kipp sometime this year ;) would help things out .