Palliser BlockThis is the most likely asset in Alberta I think IPCO would interested in.
It meet's alot of IPCO critrea in buying:
1. Seller eager to get out. Schulumbeger own half and torxen owns other half of Palliser Block.
Palliser Block is like over 50000 BOE and Schulumbger and Torxen bought it from Cenovus for 1.3 billion.
Schulumnger J wants out, they have said for sale as not core business. IPCO could either buy this portion or the whole works.
As asset values have dropped so much and lots of NG wells in that 50000...I think IPCO could buy this whole thing for 500-600M.
It would be a transformative type thing that would take them close to 100000 BOE club.
This is why I dont IPCO will buy international assets...good and cheap buys in Canada.