RE:MarketIll admit I dont follow paramount super closely but Id be surprised if they did...last I looked (been a few years) Paramount always had massive land base but struggled to develop what they had..so adding another play just doesnt match to me.. Paramount if anything maybe cut deal with Rubellite since that be keeping it within the Ridell family maybe?
Headwater always a possibility....especially with rich stock valuation
The privates all have enough land in clearwater as is...they moved first so Im doubtful
BTE is by far the most logical fit...from existing seal and clearwater. I wouldnt put it out of the possibility at end of 2022...BTE is rapidly paying down debt. Prob 500 to 700 million in 2022....paying 250 million for prop would only set them back 4 to 6 months...and they would have such a huge dominating land package...that is profitable to low 30 oil price....this is BTE downfall currently and its showing...Eagle ford is great asset...but not in control...that will show its colors in 2022 with only 14 net wells from marathon...their viking is meh at best....east duverney not bad results and heavy is ok...with high oil prices...but if oil took a dip below 50 again they would be at mercy of surviving off eagleford and marathon again....with clewarwater they could control their own drilling and production stability.
I dont think prop at 250 million is too unrealistic....could be a win win for both stocks and shareprices....