Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

TSX:BNK - Post by User

Big Banc Split Corp

Bullboard Posts

Post by dbeaudeon Mar 16, 2013 10:24am

308 Views

Post# 21139292

Polymer and Waterflood pilots catalysts

Water Flood Implementation

• Pattern focused on oil quality, productivity, water

cuts and decline rates

• First injector will be converted in Q1 2013 with

additional patterns to follow through Q2 & Q3 2013

Polymer Flood Pilot

• Polymer injection test will be initiated in Q2 2013

• Full pilot implemented in Q3 2013

Core Flood & Simulation

• Core flood testing to improve fluid and rock

property data for modeling water flood and polymer

flood performance

• Additional wells to be cored, analyzed and

integrated with mapping to identify thermal

expansion areas

Analogous Fields: Recovery Expectations

Primary Water Flood/Polymer Flood

Pelican (Cenovus) 10 % 16.5 % / 21.5 %

Seal (Murphy) 5 % - / 14 %

Note the potential impact of the water/polymerflood on the recovery when comparing to analagous fileds at Seal (Baytex and Murphy) and Pelican (Cenovus). Could double the % recovery of the fields and they would unlock a ton of addition value for the company and shareholders.....definitely a potential solid catalyst for the share price this year

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?