RE:RE:RE:Eric Nuttall Is Not Going To Be Happyriski wrote: Totally different deals. Fagerheim is now just making deals for the sake of making deals. The XTO deal was unnecessary and just after they promised shareholder returns. It was neutral at best, but I think they paid a premium in this environment. It also completely changes their profile making them more gassy. I liked WCP as an oil producer. If I'm looking for gas, I'm buying TOU or NVA for more torque.
This delta deal for TVE is accretive with assets in an area experiencing explosive growth and paybacks they are measuring in days rather than years. DAYS rather than years. This hasn't been heard of in the industry since the days of Leduc 1.
This would have been an interesting deal at $70k/boe. Pretty good deal for Brian and the TVE team. I'm sure it took months of negotiation.
tollycraft wrote: newcoin wrote: Find out Friday on BNN Market Call.
Going to be interesting to see what he has to say. He basically bailed on WCP (my stock) when they made their most recent purchase. He contiued to hammer at " pay the shareholders back" which I totally agree. He futher stated this was not the time to re-invest but rather to do buy backs and increase dividends, again, I agree. It's time companies be satisfied to make money and pay back the people who make them the success they are today. Lets not forget, banks rates so are up and will continue to rise so I believe paying off loans is extremly important, let the banks come back to us as they will NEED our business after we pay off these giant loans,which a lot of companies can do now, or at the very least ,in the very near future. I wish all the TVE share holders the best of luck.
GLTA
You could be right. But gas has continued to climb as well, however, Im still a believer in paying back the shareholders first, combined with buy backs, I think Eric will see it the same way. I really do wish all you guys the best of luck, I hope Im wrong, and this deal does pay off in DAYS.
GLTA