RE:RE:RE:RE:FROM OBE board.. truth hurtsGF may not be in the drivers seat but certainly has significant influence by the shear weight of his holdings. I don't expect the company to run exactly as it did before with a major focus on ROC. I expect that the company will take a balanced approach focussed on growth and ROC in the mid Term.
I anticipate the model will look something like the following starting in Q2 2023:
1) Dividend = 5-10 cents/mo (30%-50% of FCF returned to shareholders)
2) Production Growth 5-10%/yr
3) Diversification of Drilling or Production areas
a) Higher Impact Areas (Clearwater, Montney etc)
or b) Non Core asset purchases