RE:Altagas Pipestone DealGreat news, Pipestone is one of the top plays in the Montney with wells that pay back in less than a year, expeciall now when you can pretty well hedge oil out a year at almost $80 dollars USA
Pipestone a top performer with wells with quick payback and good reserves (link( You have a company that will be increasing production 33%, not to mention the opportunity to sell off some lands, and the have optionality for GAS or OIL/Liquids.
Way to cheap when you consider CNQ a great stock is on a tear, but will only grow production 4%?
Kelt is the best return and best opportunity out there.
IMHO