GREY:CNKEF - Post by User
Comment by
PeterM1on Dec 20, 2018 6:30am
166 Views
Post# 29138803
RE: New face at the window
RE: New face at the windowTo get some idea of just how important it is that Comark is buying, one need to see how great their level of involvement was in Montney just this last year;
https://www.cormark.com/oil-and-gas.jsp#body
Some of the deals in which they acted;
Ironbridge / Velvet
Painted Pony / Blair Creek
Blackbird / Pipestone
That ths good news. Sadly Management and the Board has in my opinion failed to keep the market (and shareholders) properly informed about such material issues such as CKE potential production from existing wells. (Possibly as high as 10,000 boed from Brierly and 3,000 plus from Martin Creek) and detailed secured egress. (Propably not suffiucient to meet payroll) Net result like the IronBridge deal, shareholders can kiss goodbye to any competitive bids if we one should ever appear.