It's earlyin this AB "Bakken" and I am new to this board, after conducting some DD it does appear that this little engine that could ...WILL... in one shape or form... the metrics are solid... the management group is experienced and prudent...Love the rolling option Farm in by Legacy... they bring solid tech skills on the long lat multi-stage frac...I fully expect additional equity dilution in the near term... BUT they also present an excellent take over opportunity for the big boys surrounding them...almost like having a hedge against a cheap takeover...I know corp presentations are biased propaganda BUT the mapping they have suggests they are sitting in the sweet spot. It adds to it's attractiveness for the M&A potential...IF they can get production past 2K BOE/D within the next year... YAHOO!!!
at it's current SP... a definite buy and hold for at least 2 years.
GLTA
It's my opinion git yer own.