RE:RE:New acquisitionAddendum. I was thrown by the comments about adding lots of oil. This acquisition will barely move the needle on oil vs gas reserves and production. It's 50/50 going into PNE which is more like 90/10 gas. Pne is about 4X the size so quick math, the ratio goes to 80%. Still plenty gassy for me. The valuation is "reasonable". Certainly not overpaying for assets in a hot market, but not bargain pricing either. Looks to me like it's a buyers market still in Calgary with no hot capital chasing assets. I'll wait to get "the package" to review the devil in the details. I do NOT trust any "private" aka loanshark debt financing. Prime plus 3.65% sounds okay, but let's see the covenants, the "standby" fees, the structuring fees, and all the other hunks of flesh the hyenas ripoff the hide. Any warrants with the debt? Hope not. I still wince thinking about how ATH was bent over the barrel to get their debt refinancing. Other bit of good news is they didn't use PNE stock as currency. Pne stock is just too undervalued to justify buying any assets unless those assets are even cheaper. Also, we won't face a wall of stock from the Certus shareholders liquidating as their stock becomes free trading. That's not a factor here at all. So I'll stick around for another dividend, but I'll miss owning a producer with NO debt, net cash.