Post by
BayStreetVic on Nov 27, 2015 12:05pm
Q3 and New Investor Presentation
Good read. Nothing earth shattering but the name of the game seems to be hunker down, acquire assets and wait for the eventual price rebound. Essentially 2017 before any new drilling or enhanced recovery projects. Suits me just fine. There will be some real bargains coming up early next year as the cash begins to really dry up for some companies not in the position to weather this storm.. Some prime land will become available for FEN to snap up. We could conceivably exit 2016 with 1000bbls without much dilution and that's without any drilling.. Keep an eye on this one, they're in it to win it. Now is a good time to average down for those of us that have been here a while (IMO).. GLTA!