RE:OwnershipOne would like to think someone would see the value here... PD, TOU, CNQ... maybe they should call Mr. Buffett (His announced successor Greg Abel was born and raised in Edmonton, as well as went to school here?)
Between 57 drilling rigs and 63 service rigs at $1 million/ drilling rig and $0.5 million/ service alone is $88.5 million in those assets alone (very conservative)
We're sitting at $40 million market cap
Each drilling rig brings in $20,000/day is $1 million a day across the drilling fleet, it'd take care of the 2nd lien real quick. Oil's rebounding and there were quite a few rigs around Alberta going over the winter, so who's pumping the brakes here?
May I ask what company G2S2 bought out?