RE:RE:TD presentation..I really like the overview of Attachie. It's an interesting asset, years of prep work.
$250M FCF per year with $600M up front invested? Essentially a 2.5 year pay back period with $250M +/- in perpetuity to drill to fill 40,000 boepd.
Bought more ARX today. ER will no doubt be very interesting, in a good way.
The deck they had was again, very 'down played'.. for example.. still using $60WTI.. even Aaron commented on this.
Must be a reason..
topdown99 wrote: Cheadle12 wrote: Grow the dividend by 5% per year?
..hmm.. that's peanuts.
I really get the sense that Terry is holding something back.
I also get the sense that the 'something' is more M&A.
Interesting .... I got the same feeling especially after MHP's latest rant . Terry's holding his cards very close to the vest , the next few weeks could be very eventful , jmho