RE:RE:Let's see the Follow Through I want to watch the month it may first as their should be m&a activity in the Canadian oil patch during month of may and June due to commodity prices outlook.
today we saw it with cpg selling 13000 boe of Sask production.
deal makes sense from month sides as cpg should be drilling the great drilling locations hammerhead resources has that they aquiref crazy good. Saturn needs to be larger to attract better interest rates and attract.
every company needs their "niche" and I think ygr has a vaible business strat. for long term.
something has to crack soon I'm cardium with lack of deals.
going to be hard for ng prices to get high with storage levels high everywhere.
I am more eager to get back in the market if a ceasefire happens, be a good thing for energy stocks if a ceasefire happened even if it drops oil to 75. I don't think stocks moved much in 2024 as lots of investors want to wait until speculation premium is out of oil.