RE:Wcp Montney purchase of Kicking h 🐎 barneyj44 wrote:
should have us trading higher then we are. Whitecaps total acreage in the Montney resource play is now 168 (118.0 net) sections with 696 (437.4 net) drilling locations identified across numerous Montney benches. Current production from the Kicking Horse assets is approximately 8,000 boe/d and is expected to be optimized at 18,000 19,000 boe/d over the next 12 15 months to maximize free funds flow. The Acquisition further strengthens the sustainability of our dividend and growth strategy and is expected to generate annual free funds flow of approximately $72 million at US$55/bbl WTI and C$2.50/GJ AECO. Natural gas is flying high.
this stock is always down the most on down days and up the least in good days. Hope that trend ends, losing patience with this one.