Congrats1. Congrats to the longs who held on during some dark times (and low oil prices) over the past year, relied on their own due diligence, and/or ignored all of the bashers on this board.
2. Great job by management, which had good hedges in place at the start of the pandemic, and have now executed this asset sale once things have started to improve.
I had thought that they would need to either do an asset sale, a royalty deal, or enter some sort of joint venture arrangement.
But interesting to see that some analysts are now upgrading the stock, after it was sitting at such a low price for months.
The higher oil prices have obviously helped the situation considerably.
Long SGY.TO debentures.