RE:Any offers on the table yet ?Rough Pricing assuming somewhere around $22,500/boe which is the average price of the recent KEL + PONY dispositions (not quite a an accurate comparison given the land and production bases, but the closest recent metric for a peer); the value of Bilbo would be about $405MM. This would materially change NVA's landscape and future.
If managemnt follows through with their $55-60MM Q3+Q4 debt paydown, SP should appreciate $0.2-0.25 but unknowns on how much nat gas pricing will help to boost potential lack of 2021 WTI strip concerns investors. If WTI rides $45-$50/bbl average next year, then NVA is in great shape given strong gas pricing futures.