RE:RE:RE:From today's G&MDoesn't Certus make more sense for Bonterra to buy than Pine Cliff?
Certus assets need a drilling program and capex in 2024 to really get the potential out of the drilling locations.
BNE could have afforded a 30-40m capex into Cetrus assets if they pull back in Cardium....as BNE has 4-5k per day of legacy oil production.
As history has shown, it is very hard to spend capital on drilling and pay a divy at same time.