RE: RE: RE: Legal matter...After reading the NR again, i believe i will be significantly increasing my position with NOG. I'am not sure how the market will respond to the lower production values at the Loydminster NG well, or the inability to perform the test on the 4-11 as the market seems to demand instant and incredible results. My thinking is that all of these little steps Nog is taking are the ice cream to go with the cake and the cake is the suit with Encana. The very fact that an offer (lowball) was presented speaks incredible volumes, and they might step up the process significantly as a take over bid for a .11 company in anyones books is cheaper then a takeover bid for a 1.00. I'am not sure if Encana would be interested in owning Nog's current assets but those they did not they could sell. I would like to see the SP head north (once i have filled) which might also expidite the matter with Encana. Right now i think NOG has the drivers seat and it could be an interesting time.
Regards