RE:RE:RE:RE:Asks are being slowly taken outA good point, thanks for clarifying. Even though its not a good time to sell, it seems the opportunity cost bar is very low because Gold Creek's potential is so high.
For example, if they sold those assets for a measly $5M (probably worth what, $15M? they do have 19,000 acres) and drilled a Gold Creek well, and it produced at the type curve, after the initial 9 months payback period, that well would generate more field cashflow in the subsequent 3 months than Kaybob and Pine Creek assets would in the same period (months 10 to 12).
You would lose the first 9 months of that gassy revenue of course but then you'd drill another well at Gold Creek whose first 3 months of fcf would exceed this.
And year 2 is a blowout as you would have TWO Gold Creek wells producing far more field cashflow than Kaybob and Pine Creek.
And if you got $15M and drilled 3 Gold Creek wells...