RE:AttachieOh I think we are just starting to see the market starting to price it in.
If crew was worth $1.3B (and you have to think that Mike Rose got a deal) then what is attachie worth?
Crew was producing aprx 30 000 boe/d with 21% liqiuds
Attachie will bring on aprx 30 000 boe/d with 60% liquids
That is worth a crew every year with a better liquids to NG ratio begining in 2025. Every year!
Except in 2028 that volume is expected to more than double with Attachie II.
The market sees this and that is why I believe ARX's share price is drafting the crew share price in the TOU takeover and rising accordingly.
The market also knows that the proof is in the pudding so you can expect that these numbers are not yet fully priced in and won't be until they show up on a balance sheet in an earnings report.
But the market does know they are coming and does want to get in early. I hope.
GLTY and all ARX BULLS