RE:RE:Veren should sell Saskatchewan move to Alberta Their Sask operations are low decline stable assets.. I think the FCF they provide is hard to turn away from with the relatively low levels of capex to maintain production.. of course that's another disucssion as to longevity of those plays..?
What makes me mad is the disconnect we're seeing across the Canadian players with crude moving up for over a week now.. there's more to this story that's for sure and I'd venture a guess the new cap gains rules are the fly in the ointment IMO
If so we could see a strong snap back once that final day of the 50% rule is passed.. I'd bet on it..!