a commentary my opinions only-
in this day and age reserves for evaluation get thrown around too much.there has to be a comp.-ie-the place right next door.
acg has such a sweet deal on their north leases that one would think the sky is the limit.no action on their (or stones' throw neighbor) leases though.if there wasn't so much for sale in the general area right now i would feel better about a value.
central ab. stuff is iffy-attention has moved.
sask stuff is in the eye of the beholder.bottom line there is the properties don't produce so either better tech or tired of asking permission to park on the lawn.
i don't see the management of this co. sitting around like so many others but don't be surprised if we end up with a shell while they move on.
steady around .08-next action in 5-6 weeks.
onward and good luck all.