RE:RE:RE:RE:Cash infusion? OK, but I think we got a bit distracted from the original question, which was the value of the Westbrick investment. Appears still no definitive answer.
Strange that such high value investments are so unclear? Almost shrouded, cloaked, hidden, fogged, you get the idea, not overly visible in general.
I'm leaning towards $5-10 million max. Not much to get excited about.
MyHoneyPot wrote: The presentaion value as of Sept 30, 2022.
A value of 70 million is place on private company investments, in the current presentation.
However the 16% interest in Sultran looks pretty valueable to me, and Westbrick is an over 50,000 boe/day company.
I think the private investments are worth a lot more than 70 million dollars and if Westbrick is monetized we will find out.
It looks to me that POU has lots of opportunities to raise extra cash, and often this tuck in acquisitions enhance the value of the play areas.
Karr looks good 50,000 boe/day with a 25 year production profile, Wapiti looks good now for 30,000 boe day 20 years, Willesden green is 50,000 target (With resource in place), and Smokey Durvernay 5,000 boe/day, North Duvernay 20,000 boe/day, etc.
Now where is see a nice add on is North Duvernay, (Murphy/ATH) land buts up to POU land and would likely add the resource to 50,000 boe/day.
IMHO