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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Comment by pppon Mar 27, 2016 4:28pm
276 Views
Post# 24703292

RE:RE:RE:RE:NBZ and M&A

RE:RE:RE:RE:NBZ and M&ASo lets look at the metrics EV value at the moment 884  mil, Ev value merged 1.183 bil

Production   per flowing   44,200  at 20,000 bbls pre merge,  post merge  at 34000 bbls 34,794 per flowing.

I wouldn't change EV to 2P reserves much.  One of the reasons I think most of the TBE investors are dreaming if they think they are going to get much over 15 cents a share.

IMO it would be an excellent fit.

I guess one can only hope!!!!




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