RE: RE: Change for the BETTER???From experience, when the standard company presentation gets an overhaul, and a bunch of info is added........something is happening!!! Outright sale or money raised, is my guess
Notice that there is nothing about strategic alternatives or financial stress anymore on the presentation......they can't say because now there is something on the table and mums the word until it's announced. They wouldn't go through the effort to add all of this production transparency and opptimism just to pull the carpet out from under us.....albeit, this wasn't just for us either....it's for the new owner or lender.
I've seen this a few times now and in each situation a deal was brewing.......again I can't guarantee that a deal is made, but to me, this is a tell tale sign that they're trying to swoon somebody!!!
If they can hit 175K steam with all wells in production mode, the next few weeks could show some really good numbers.
I also sent them an email regarding bringing in mobile water treatment units during their HLS outages, so let's hope that OPTI/Nexen can work on something there. Solid steaming into summer would be the ticket! But if they are trying to sign a deal they might be trying to give a really big push in the coming weeks; all wells on line, water treatment capacity upgraded (clean HLS), disposal wells tied into, more esp's.......I think we might see a peak of 40K, come next update.
Obviously, a buyout is not factored into the price whatsoever. Ironically, they are probably closer than they have ever been. I sooo want to buy more but it goes against every rule in the book. The problem is, that damn book has cost me so much money lately! I might have to toss the book this time!
Giver.