GREY:WFREF - Post by User
Post by
Shlinker_on Mar 15, 2015 2:37pm
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Post# 23523061
Asset Sale
Asset SaleThere's been some chat on asset sales from some folks. Good discussion first off...the company however said the top priority would be selling non-core assets (so away of the Peace River Arch and Montney basins). They would be more likely to sell ~2k boe/day in the Killiam/Red Water area I'm sure. Not sure what the reserves/decline rates are for this field. They could get ~80-100M potentially for this land one could hope. This asset failed to sell this past October but maybe this year it flies. Thoughts anyone? Onestar you out there, you seem to know this company well....