A new world of 3 percent moneyhttps://www.newswire.ca/news-releases/arc-resources-ltd-announces-offering-of-senior-unsecured-notes-887294640.html Imagine raising money at 3% in the bond market, and a opportunity to get rid of the bankers. Oil is not starting its march to 67 dollars.
Cashflow is King, but quality assets have just had a major increase in value.
Nuvista shares - 61 cents now 2.32
Meg share now - 7.74
Pipestone shares 1.81
Fox Drilling - Rigs now in Demand
Waterous needs to settle with 67 dollar oil, good luck.
Cavalier 1.3 million acres of land.
So do you think POU can find a extra 120 million to fill up Karr and Wapiti.
Off to the races.
IMHO