RE:RE:RE:Look forward to updated presentation"All companies have that issue. Cardinal likely trading at $100,000 per flowing barrel with decommissioning liabilities... or Crescent point..."
Yes, they all have decommissioning liabilities but, you are completely wrong on per flowing impact.
Cardinal per flowing is $27,000 per boe and $33,000 accounting for these liabilities in full while Crescent Point is $40,000 per boe and $47,000.
It is certainly something that a potential acquirer takes into consideration. It will have to be paid over time so it reduces free cash flow each year.