RE:RE:RE:Takeover market Tve has a market cap of 2.1 billion. 40k boe/day of production and 500 million of debt.
EV of 2.6 billion and they diluted the cr@p out of the company. It is thought to be at a cheap valuation.
they have lower decline rates, solid water flood viking. Charlie lake is great but the real gem is the clearwater.
We have 30,000 boe/d, a bigger potential clearwater footprint and 500 sections of bluesky to fall back on should the clearwater not be economic. All for a piddling 900 million plus 300 million in debt.
yup 30 bucks would be a good prce.