RE:RE:RE:RE:RE:PetrusPetrus still remaining active in land sales. Most recent one they got three sections of drilling rights below cardium to Mannville under some Ferrier wells they already have drilled for cardium wells.
land sold really cheap as Petrus has lease and pipelines already their and isn't going to be competition for it.
Owning as much drilling rights as possible over land area is going to be trend.
nuvista is drilling 16 well per pad montny wells and potential to increase that is stacked zones.
Amount of free trading petrus shares is smaller than ygr...petrus insiders own like 72 percent.
and they got so high cause they did the recapitalization.
i think isn't Petrus second lien loan from this insider...gray brothers.
I don't get why petrus is paying a divy with cf they have and aeco prices.
gray brothers just get more ownership if they ever had a hiccup