RE:RE:RE:RE:RE:RE:RE:RE:RE:Kavern 23 I would like to see them move to closer to production maintenance spending in the cardium. Maybe fill a few under utilized plants but nothing too aggressive.
Would rather see growth capital being spent to fill their PROP facilities. I read somewhere that they could boost production at least 5000 boe's without any facility spend.
really looking forward to the clearwater drilling update. 475 sections of land with some of the best production on the Baytex land not far away. Could be pretty exciting.
i think these guys should sell 2000 boe's of production to Yangarra. Add in a few hundred wells that need to be abandoned. Win, win for both companies. Ygr could lower their decline rate and clean up the ARO for a quarter of what obe would spend. Obe could clean up some liabilities and get some cash.