RE:RE:New Principal ShareholderOkay interesting, any ideas on what kind of behaviour GMT typically follows? Are they an aggressive activist investor for example?
Seems like half of Montney is up for sale at the right price, I wouldn't be surprised if GMT is influencing actions here with what seems like a hand in every pot. Consolidation under a single entity is where I think the region is headed as well.
XTO Energy was recently put up for sale by Exxon and Imperial which borders SDE in Simonette. Last I heard was that Riverstone wanted to divest from O&G, focus more into green energy and Hammerhead is for sale. I imagine Riverstone has similiar feelings about PIPE as well and the share ownership restructuring indicates corporate actions following.