RE:Monday morning and WCP releases acquisition.interesting
from what i make of it kicking horse had no cash nor ability to fund a drilling program so had to get out while they could.
on a boe rate, not great but the real honey hole here would appear to be all the land they are accumulating for future drilling.
whitecap is going to be a power for the next hundred years
not all that sexy and not likely to have a high shareprice but will pay out a good future dividend and be more of a value story in years to come.
longterm 8-10 buck stock but anyone's guess as to when that might happen. until then clip coupons and sleep well.