Arc, not LukoilWho recalls all the excitement around rumours of Lukoil eyeing the Montney not that long ago. Turns out, it was actually Arc pulled off the big acquisition. This is strictly speculation, but now with seven gens production added in, the extra cashflow makes them a powerhouse for another large acquisition. It seems natural, and the market is seeing more and more mergers and acquisitions every other day.
GLTA