RE:RE:WOWAnd the 3 bidders should be Bonterra, Ricochet and potentially Saturn.
TVE cardium is alderflats and wilson creek area.
TVE stuff is directly south of Bonterra big land area. I wouldnt blame BNE at balking at 123m in cash.
Mancal land is more were vermillion is on that end of Pembina, not even close.
Not saying impossible but that would be bizarre for Mancal to buy.
Whoever bought TVE cardium has to be banking on drilling at least 10 good wells and Ricochet did this after buying ARC cardium. Very crafty guys at Ricochet.
Rico has at least 5 wells from ARC property doing over 200 barrels of oil per day.