Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

TriOil Resources Ltd TRIAF



GREY:TRIAF - Post by User

Comment by Steelhead15on Jul 18, 2013 5:10pm
320 Views
Post# 21616704

RE:RE:My buyout guesstimate

RE:RE:My buyout guesstimateGood comparison, especially in terms of location to Lochend holdings. Many similarities, but long-life wells are mentioned in the purchase and I'm not sure TOL wells have that benefit.
Derisked sites are similar in number. Oil % is similar. Big tax benefit, rather large debt, safe drilling sites and infra.
It seems TOL is OK for an intermediate in the area. It seems TOL could be better as a JV with another company with more sections than TOL -  maybe a NG weighted Montney player which needs the Oil balance for cash flow. Delphi has many montney sites in Bigstone.

Selling for straight cash would probably bring the smallest gain.
<< Previous
Bullboard Posts
Next >>