RE: Chisholm$88 oil? POE gets paid based off Brent with a quality/transportation discount - Brent is ~$92...
CEN suffers the same indignities wrt to valuation. Neither gets any respect. Maybe a merger would get them to a scale to interest the market - would be over 20K boed, almost all oil and generating significant excess cash flow.
I'm still waiting for something in the $5s to reenter POE in hopes of Indo drilling potential - still months away - and I've been saying that for over a year now...