Been nibbling this week This is now trading at a price which is a very good entry point.
Some news should be coming over next couple of weeks on the sale process, partial sale process or the intention to gear up production again.
I suspect if they begin drilling again in earnest they will do so with capital budget geared towards the heavy oil assets which are paying off nicely. One other possibility is a sale of the Elmworth lands to Tourmaline, Progress, Daylight or the likes. I prefer the Tourmaline scenario as I did quite well off Tourmaline last year when they took out Cinch Energy.
You gotta love that low to mid 1.80's range for share price.
GLA...