RE:SDE release - being acquired or doing an acquisition/spinco? SDE is my largest holding and I am looking forward for a generous special dividend paid in mid January. As far "repositioning", it makes sense to spin-out Deep Basin rewarding shareholders, sell BC and other none producing assets and focus on Gold Creek and Karr.
Expanding northeast by buying Pipestone minority interest in bordering lands or making an offer for the entire PIPE is possible but I am not sure about the latter. These guys paid close to nothing for Deep Basin and Simonette, fair 2021 prices for Gold Creek and will have to adjust their minds to pay higher 2022 or 2023 prices.